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FinPaymentNb (Function) In french: FinNbVersement Returns the number of payments required to pay off a capital according to a given rate.
// Nombre de versements nécessaires: le montant des versements est de 7 500 Euros,
// le taux d'intérêt est de 5% et le montant emprunté est de 42 000 Euros.
ResNbVersement = FinPaymentNb(-7500, 5, 42000) Syntax
<Result> = FinPaymentNb([<Value of payment> [, <Rate> [, <Capital>]]])
<Result>: Real Number of payments to perform. This number can be:- negative: a payment must be made;
- positive: a credit must be made.
<Value of payment>: Optional real or currency Value of payment (0 by default). For a credit, this value must be negative. <Rate>: Optional real Interest rate, expressed in percentage (1 by default). For example, for a 5% rate, this parameter will be set to 5. <Capital>: Optional real or currency Amount of loan (1 by default). Remarks Caution: FinPaymentNb returns no error code. To determine if this function has generated errors, use FinError. To get more details on the error, use ErrorInfo with the errMessage constant.
Related Examples:
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Unit examples (WINDEV): The financial functions
[ + ] Using the main functions for performing financial calculations in WINDEV: - Calculate the number of repayments - Calculate the future value of an investment
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Unit examples (WEBDEV): The financial functions
[ + ] This example presents the main functions for financial calculations of WEBDEV and it allows you to: - Calculate the number of reimbursements - Calculate the future value of an investment
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Unit examples (WINDEV Mobile): The Financial functions
[ + ] Use of financial functions. This example calculates the number of payments needed to pay back a loan, the total cost of a loan as well as the interests returned by an investment.
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