ISOM terms
Terms
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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
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PPMT for real!!!