PMT

returns periodic payment for an annuity · from excel · excel: not yet compared · sheets: not yet compared

signature

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

returns: number

argumentrequired
rate required
nper required
pv required
fv optional · defaults to 0
type optional · defaults to 0

examples

formula and result, taken from the engine's own test suite — every result below is asserted in CI, not written by hand.

fx =PMT(0.05/12, 360, 100000) -536.8216230121398

related

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  • ACCRINTM accrued interest for a security paying at maturity
  • AMORDEGRC depreciation per period, French accounting, degressive
  • AMORLINC depreciation per period, French accounting, linear
  • COUPDAYBS days from coupon period start to settlement
  • COUPDAYS days in the coupon period containing settlement