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DocsPPMT

PPMT

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Returns principal payment for a period.

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  • Returns: Number

Examples

=PPMT(0.05/12, 1, 360, 100000)
Result -120.15495634547307

Syntax

PPMT(rate, per, nper, pv, [fv], [type])
rate
number required
per
number required
nper
number required
pv
number required
fv
number optional defaults to 0
type
number optional defaults to 0
ACCRINTAccrued interest for a security paying periodic interest. ACCRINTMAccrued interest for a security paying at maturity. AMORDEGRCDepreciation per period, French accounting, degressive. AMORLINCDepreciation per period, French accounting, linear. COUPDAYBSDays from coupon period start to settlement. COUPDAYSDays in the coupon period containing settlement.