PMT(rate, nper, pv [,fv] [,type])

Returns the amount of principal and interest paid in a given period in a series of equal cash flows at regular intervals (Double).


rateThe interest rate per period (Double).
nperThe total number of payments (Double).
pvThe present value of the future payment (Double).
fv(Optional) The future value (Double)
type(Optional) True of False to specify when payments are due (Boolean).

REMARKS
* This function returns the payment for an annuity based on periodic, fixed payments and a fixed interest rate.
* You can use the PPMT function to return the amount of principal paid in a given period in a series of equal cash flows at regular intervals.
* The equivalent Excel function is Application.WorksheetFunction.PMT
* The equivalent .NET function is Microsoft.VisualBasic.Financial.Pmt
* For the Microsoft documentation refer to docs.microsoft.com

Debug.Print Pmt(0.0081,48,10000)    '=  

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