Difference between revisions of "Periods Command"
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| − | <noinclude>{{Manual Page|version=5.0}}</noinclude>{{command| financial | + | <noinclude>{{Manual Page|version=5.0}}</noinclude>{{command| financial}} |
| − | + | ;Periods( <Rate>, <Payment>, <Present Value>, <Future Value (optional)>, <Type (optional)> ) | |
| − | ;Periods | ||
:Returns the number of periods for an annuity based on periodic, fixed payments and a fixed interest rate. | :Returns the number of periods for an annuity based on periodic, fixed payments and a fixed interest rate. | ||
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*<b><Present Value></b> Total amount that a series of future payments is worth now. | *<b><Present Value></b> Total amount that a series of future payments is worth now. | ||
*<b><Future Value (optional)></b> A cash balance you want to attain after the last payment. If you do not enter a future value, it is assumed to be 0. | *<b><Future Value (optional)></b> A cash balance you want to attain after the last payment. If you do not enter a future value, it is assumed to be 0. | ||
| − | *<b><Type (optional)></b> Indicates when payments are due. If you do not enter a value or you enter 0 the payment is due at the end of the period | + | *<b><Type (optional)></b> Indicates when payments are due. If you do not enter a value or you enter 0 the payment is due at the end of the period. If you enter 1 it is due at the beginning of the period. |
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| + | :{{example| 1=<div><code><nowiki>Periods(10%/12, -200, -400, 10000)</nowiki></code> yields a number of payments of 39.98. </div><div><code><nowiki>Periods(10%/12, -200, -400, 10000, 1)</nowiki></code> yields a number of payments of 39.7.</div> {{note|1= If you make monthly payments on an annual interest rate of 10 percent, use 10%/12 for <code><nowiki><Rate></nowiki></code>.}}}} | ||
| + | {{note|1= For all arguments, cash paid out is represented by negative numbers and cash received by positive numbers.}} | ||
| − | + | {{note| 1=See also [[Payment Command|Payment]], [[Rate Command|Rate]], [[PresentValue Command|Present Value]] and [[FutureValue Command|Future Value]] commands.}} | |
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Latest revision as of 11:53, 3 October 2017
- Periods( <Rate>, <Payment>, <Present Value>, <Future Value (optional)>, <Type (optional)> )
- Returns the number of periods for an annuity based on periodic, fixed payments and a fixed interest rate.
- <Rate> Interest rate per period.
- <Payment> The amount paid in each period.
- <Present Value> Total amount that a series of future payments is worth now.
- <Future Value (optional)> A cash balance you want to attain after the last payment. If you do not enter a future value, it is assumed to be 0.
- <Type (optional)> Indicates when payments are due. If you do not enter a value or you enter 0 the payment is due at the end of the period. If you enter 1 it is due at the beginning of the period.
- Example:
Periods(10%/12, -200, -400, 10000)yields a number of payments of 39.98.Periods(10%/12, -200, -400, 10000, 1)yields a number of payments of 39.7.Note: If you make monthly payments on an annual interest rate of 10 percent, use 10%/12 for<Rate>.
Note: For all arguments, cash paid out is represented by negative numbers and cash received by positive numbers.
Note: See also Payment, Rate, Present Value and Future Value commands.
