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<?xml version="1.0" encoding="UTF-8"?>
<helpdocument version="1.0">
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<meta>
<topic id="textsbasicshared03140007xml" indexer="include" status="PUBLISH">
<title id="tit" xml-lang="en-US">Pmt Function [VBA]</title>
<filename>/text/sbasic/shared/03140007.xhp</filename>
</topic>
</meta>
<body>
<section id="pmt">
<bookmark xml-lang="en-US" branch="index" id="bm_id3150499">
<bookmark_value>Pmt function</bookmark_value>
</bookmark>
<paragraph id="hd_id3150499" role="heading" level="1" xml-lang="en-US"><link href="text/sbasic/shared/03140007.xhp" name="Pmt Function [VBA]">Pmt Function [VBA]</link></paragraph>
<paragraph id="par_id3151384" role="paragraph" xml-lang="en-US">Calculates the constant periodic payments for a loan or investment.</paragraph>
</section>
<embed href="text/sbasic/shared/00000003.xhp#vbasupport"/>
<embed href="text/sbasic/shared/00000003.xhp#functsyntax"/>
<bascode>
<paragraph id="par_id3143267" role="bascode" localize="false" xml-lang="en-US">Pmt( Rate as Double, NPer as Double , PV as Double , [FV as Variant], [Due as Variant] )</paragraph>
</bascode>
<embed href="text/sbasic/shared/00000003.xhp#functvalue"/>
<paragraph id="par_id3150669" role="paragraph" localize="false" xml-lang="en-US">Double</paragraph>
<embed href="text/sbasic/shared/00000003.xhp#functparameters"/>
<paragraph id="par_id06142017042024114" role="paragraph" xml-lang="en-US"><emph>Rate</emph> is the periodic interest rate.</paragraph>
<paragraph id="par_id061420170420248911" role="paragraph" xml-lang="en-US"><emph>NPer</emph> is the total number of periods, during which annuity is paid.</paragraph>
<paragraph id="par_id061420170420246794" role="paragraph" xml-lang="en-US"><emph>PV</emph> is the (present) cash value of an investment.</paragraph>
<paragraph id="par_id061620170603217534" role="paragraph" xml-lang="en-US"><emph>FV</emph> (optional) is the future value of the loan / investment.</paragraph>
<paragraph id="par_id061420170420241932" role="paragraph" xml-lang="en-US"><emph>Due</emph> (optional) defines whether the payment is due at the beginning or the end of a period.</paragraph>
<paragraph id="par_id0614201704292615" role="paragraph" xml-lang="en-US">0 - the payment is due at the end of the period;</paragraph>
<paragraph id="par_id061420170429263061" role="paragraph" xml-lang="en-US">1 - the payment is due at the beginning of the period.</paragraph>
<embed href="text/sbasic/shared/00000003.xhp#errorcode"/>
<embed href="text/sbasic/shared/00000003.xhp#err5"/>
<embed href="text/sbasic/shared/00000003.xhp#functexample"/>
<bascode>
<paragraph id="par_id230720172323446745" role="bascode" localize="false" xml-lang="en-US">REM ***** BASIC *****</paragraph>
<paragraph id="par_id230720172323448252" role="bascode" localize="false" xml-lang="en-US">Option VBASUPPORT 1</paragraph>
<paragraph id="par_id230720172323446103" role="bascode" xml-lang="en-US">' Calculate the monthly payments to a loan that is to be paid in full over 6 years.</paragraph>
<paragraph id="par_id230720172323448289" role="bascode" xml-lang="en-US">' Interest is 10% per year and payments are made at the end of the month.</paragraph>
<paragraph id="par_id230720172323447417" role="bascode" localize="false" xml-lang="en-US">Sub ExamplePmt</paragraph>
<paragraph id="par_id230720172323446526" role="bascode" localize="false" xml-lang="en-US"> Dim myPmt As Double</paragraph>
<paragraph id="par_id230720172323442370" role="bascode" localize="false" xml-lang="en-US"> myPmt = Pmt( 0.1/12, 72, 100000 )</paragraph>
<paragraph id="par_id230720172323444810" role="bascode" xml-lang="en-US"> print MyPmt 'is calculated to be -1852,58377757705</paragraph>
<paragraph id="par_id23072017232344836" role="bascode" localize="false" xml-lang="en-US">End Sub</paragraph>
</bascode>
<section id="relatedtopics">
<paragraph id="par_id061420170153186192" role="paragraph" xml-lang="en-US"><link href="text/scalc/01/04060119.xhp#bm_id3149577">PMT function in CALC</link></paragraph>
<embed href="text/sbasic/shared/00000003.xhp#VBA-Financial"/>
</section>
</body>
</helpdocument>
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