VB.NET Language Pocket Reference

Name

Pmt Function — Microsoft.VisualBasic.Financial

Pmt(rate, nper, pv[, fv[, due]])

rate required; Double: The interest rate per period.
nper required; Double: The total number of payment periods.
pv required; Double: The present value of the series of future payments.
fv optional; Double: The future value or cash balance after the final payment.
due optional; DueDate enumeration: A value indicating when payments are due. EndOfPeriod (0) indicates that payments are due at the end of the payment period; BegOfPeriod (1) indicates that payments are due at the beginning of the period. If omitted, the default value is 0.

A Double representing the monthly payment

Calculates the payment for an annuity based on periodic, fixed payments and a fixed interest rate. An annuity can be either a loan or an investment.

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