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Glossary of ISOM terms

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Created by ddeetz

returns the interest payment for a given period for an investment, based on periodic, constant payments and a constant inerest rate



IPMT
total number of payment periods in an investment
Nper
Caculates the payment for a loan based on constant payments and a constant interest rate
PMT
returns internal rate of return for a series of cash flows
IRR
returns the future value of an investment based on periodic, constant, payments and a consant interest rate
FV
payment made in each period
pmt
Calculates the amount of a loan payment devoted to paying the loan interest, where per is the number of the payment period
PPMT
IMPT+PPMT=____
PMT
present value
PV
Calculates the amount of a loan payment devoted to paying off the principal
PPMT for real!!!

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