Difference between revisions of "Documentation/How Tos/Calc: IPMT function"
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− | __NOTOC__ | + | {{DISPLAYTITLE: IPMT function}} |
+ | {{Documentation/CalcFunc FinancialTOC | ||
+ | |ShowPrevNext=block | ||
+ | |PrevPage=Documentation/How_Tos/Calc:_FVSCHEDULE_function | ||
+ | |NextPage=Documentation/How_Tos/Calc:_IRR_function | ||
+ | }}__NOTOC__ | ||
== IPMT == | == IPMT == | ||
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− | : With a fixed rate loan, where you make a constant payment each period to pay off the loan over the term, some of each period payment is interest on the outstanding capital, and some is a repayment of capital. Over time (as you pay off capital), the interest becomes less and the capital repayment becomes more. | + | : With a fixed rate loan, where you make a constant payment each period to pay off the loan over the term, some of each period payment is interest on the outstanding capital, and some is a repayment of capital. Over time (as you pay off capital), the interest becomes less, and the capital repayment becomes more. |
: <tt>'''IPMT'''</tt> returns the interest in the payment of a specified period. <tt>'''PPMT'''</tt> returns the capital repaid in the payment of that period. Together they add up to the actual payment, given by <tt>'''PMT'''</tt>. | : <tt>'''IPMT'''</tt> returns the interest in the payment of a specified period. <tt>'''PPMT'''</tt> returns the capital repaid in the payment of that period. Together they add up to the actual payment, given by <tt>'''PMT'''</tt>. | ||
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* Excel claims that this function calculates the "interest payment for a given period". This seems to be wrong - it is the interest in the <u>payment</u> for that period. Calc and Excel produce the same results. Gnumeric returns slightly different results when payment is at the start of each period; possibly it calculates what Excel says it calculates. | * Excel claims that this function calculates the "interest payment for a given period". This seems to be wrong - it is the interest in the <u>payment</u> for that period. Calc and Excel produce the same results. Gnumeric returns slightly different results when payment is at the start of each period; possibly it calculates what Excel says it calculates. | ||
− | {{ | + | {{SeeAlso|EN| |
* [[Documentation/How_Tos/Calc: CUMIPMT function|CUMIPMT]] | * [[Documentation/How_Tos/Calc: CUMIPMT function|CUMIPMT]] | ||
* [[Documentation/How_Tos/Calc: CUMIPMT_ADD function|CUMIPMT_ADD]] | * [[Documentation/How_Tos/Calc: CUMIPMT_ADD function|CUMIPMT_ADD]] | ||
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* [[Documentation/How_Tos/Calc: Functions listed alphabetically|Functions listed alphabetically]] | * [[Documentation/How_Tos/Calc: Functions listed alphabetically|Functions listed alphabetically]] | ||
* [[Documentation/How_Tos/Calc: Functions listed by category|Functions listed by category]]}} | * [[Documentation/How_Tos/Calc: Functions listed by category|Functions listed by category]]}} | ||
− | [[Category: Documentation/Reference/Calc]] | + | [[Category: Documentation/Reference/Calc/Financial functions]] |
Latest revision as of 15:53, 30 January 2024
- Financial FunctionsDepreciation
- AMORDEGRCAMORLINCDBDDBSLNSYDVDBPayment Streams, Annuities, Loans
- CUMIPMTCUMIPMT_ADDCUMPRINCCUMPRINC ADDFVFVSCHEDULEIPMTIRRISPMTMIRRNPERNPVPMTPPMTPVRATERRIXIRRXNPVSecurities
-