PMT()
Category: Financial
Syntax: PMT ( principal; interestRate; term ) |
Parameters:
principalA number (or numeric expression) representing the initial amount borrowed.
interestRateA decimal number (or numeric expression), representing the monthly interest rate used to amortize the principal amount. Given an annual interest rate, you can divide by 12 to get the monthly interest rate.
termA number (or numeric expression) representing the period of loan, expressed in months.
Data type returned: Number
Description:
Returns the monthly payment that would be required to pay off the principal based on the interestRate and term specified.
The PMT calculation makes it easy to see the effect of interest rates on the monthly payment of an installment loan. For instance, buying a $20,000 car at 6.9% for 48 months would require a $478.00 monthly payment, but at 3.9%, the payment would be $450.68.
Examples:
Someone borrows $1,000 from you, and you want to set up a payment schedule whereby the loan is paid off in 2 years at an interest rate of 6%. To determine the monthly payment,
PMT (1000; .06/12; 24)
returns $44.32.
: FileMaker Specifications
FileMaker 8 Product Line
Specifications and Storage Limits
Field Types and Import/Export Formats
: Calculation Functions
Working with Calculations Primer
Calculation Signatures
- Calculation Signatures
- Aggregate Functions
- Date Functions
- Design Functions
- External Functions
- Financial Functions
- Get Functions
- Logical Functions
- Number Functions
- Repeating Functions
- Summary Functions
- Text Functions
- Text Formatting Functions
- Time Functions
- Timestamp Functions
- Trigonometric Functions
Calculation Functions
- Abs()
- Atan()
- Average()
- Case()
- Ceiling()
- Choose()
- Combination()
- Cos()
- Count()
- DatabaseNames
- Date()
- Day()
- DayName()
- DayNameJ()
- DayOfWeek()
- DayOfYear()
- Degrees()
- Div()
- Evaluate()
- EvaluationError()
- Exact()
- Exp()
- Extend()
- External()
- Factorial()
- FieldBounds()
- FieldComment()
- FieldIDs()
- FieldNames()
- FieldRepetitions()
- FieldStyle()
- FieldType()
- Filter()
- FilterValues()
- Floor()
- FV()
- Get(AccountName)
- Get(ActiveFieldContents)
- Get(ActiveFieldName)
- Get(ActiveFieldTableName)
- Get(ActiveModifierKeys)
- Get(ActiveRepetitionNumber)
- Get(ActiveSelectionSize)
- Get(ActiveSelectionStart)
- Get(AllowAbortState)
- Get(AllowToolbarState)
- Get(ApplicationLanguage)
- Get(ApplicationVersion)
- Get(CalculationRepetitionNumber)
- Get(CurrentDate)
- Get(CurrentHostTimestamp)
- Get(CurrentTime)
- Get(CurrentTimestamp)
- Get(CustomMenuSetName)
- Get(DesktopPath)
- Get(DocumentsPath)
- Get(ErrorCaptureState)
- Get(ExtendedPrivileges)
- Get(FileMakerPath)
- Get(FileName)
- Get(FilePath)
- Get(FileSize)
- Get(FoundCount)
- Get(HighContrastColor)
- Get(HighContrastState)
- Get(HostIPAddress)
- Get(HostName)
- Get(LastError)
- Get(LastMessageChoice)
- Get(LastODBCError)
- Get(LayoutAccess)
- Get(LayoutCount)
- Get(LayoutName)
- Get(LayoutNumber)
- Get(LayoutTableName)
- Get(LayoutViewState)
- Get(MultiUserState)
- Get(NetworkProtocol)
- Get(PageNumber)
- Get(PortalRowNumber)
- Get(PreferencesPath)
- Get(PrinterName)
- Get(PrivilegeSetName)
- Get(RecordAccess)
- Get(RecordID)
- Get(RecordModificationCount)
- Get(RecordNumber)
- Get(RecordOpenCount)
- Get(RecordOpenState)
- Get(RequestCount)
- Get(RequestOmitState)
- Get(ScreenDepth)
- Get(ScreenHeight)
- Get(ScreenWidth)
- Get(ScriptName)
- Get(ScriptParameter)
- Get(ScriptResult)
- Get(SortState)
- Get(StatusAreaState)
- Get(SystemDrive)
- Get(SystemIPAddress)
- Get(SystemLanguage)
- Get(SystemNICAddress)
- Get(SystemPlatform)
- Get(SystemVersion)
- Get(TextRulerVisible)
- Get(TotalRecordCount)
- Get(UserCount)
- Get(UserName)
- Get(UseSystemFormatsState)
- Get(WindowContentHeight)
- Get(WindowContentWidth)
- Get(WindowDesktopHeight)
- Get(WindowDesktopWidth)
- Get(WindowHeight)
- Get(WindowLeft)
- Get(WindowMode)
- Get(WindowName)
- Get(WindowTop)
- Get(WindowVisible)
- Get(WindowWidth)
- Get(WindowZoomLevel)
- GetAsBoolean()
- GetAsCSS()
- GetAsDate()
- GetAsNumber()
- GetAsSVG()
- GetAsText()
- GetAsTime()
- GetAsTimestamp()
- GetField()
- GetNextSerialValue()
- GetNthRecord()
- GetRepetition()
- GetSummary()
- GetValue()
- Hiragana()
- Hour()
- If()
- Int()
- IsEmpty()
- IsValid()
- IsValidExpression()
- KanaHankaku()
- KanaZenkaku()
- KanjiNumeral()
- Katakana()
- Last()
- LayoutIDs()
- LayoutNames()
- Left()
- LeftValues()
- LeftWords()
- Length()
- Let()
- Lg()
- Ln()
- Log()
- Lookup()
- LookupNext()
- Lower()
- Max()
- Middle()
- MiddleValues()
- MiddleWords()
- Min()
- Minute()
- Mod()
- Month()
- MonthName()
- MonthNameJ()
- NPV()
- NumToJText()
- PatternCount()
- Pi
- PMT()
- Position()
- Proper()
- PV()
- Quote()
- Radians()
- Random
- RelationInfo()
- Replace()
- RGB()
- Right()
- RightValues()
- RightWords()
- RomanHankaku()
- RomanZenkaku()
- Round()
- ScriptIDs()
- ScriptNames()
- Seconds()
- SerialIncrement()
- SetPrecision()
- Sign()
- Sin()
- Sqrt()
- StDev()
- StDevP()
- Substitute()
- Sum()
- TableIDs()
- TableNames()
- Tan()
- TextColor()
- TextColorRemove()
- TextFont()
- TextFontRemove()
- TextFormatRemove()
- TextSize()
- TextSizeRemove()
- TextStyleAdd()
- TextStyleRemove()
- Time()
- Timestamp()
- Trim()
- TrimAll()
- Truncate()
- Upper()
- ValueCount()
- ValueListIDs()
- ValueListItems()
- ValueListNames()
- Variance()
- VarianceP()
- WeekOfYear()
- WeekOfYearFiscal()
- WindowNames
- WordCount()
- Year()
- YearName()
: Custom Functions
Custom Functions Primer
Useful Custom Functions
- Useful Custom Functions
- Number Calculations
- Date Calculations
- Text and Data Conversions
- Email Tools
- Developer Tools
- System Constants
- Toolkit for Complex Data Structures
: Script Steps
Scripting Primer
Script Step Reference
: Quick Reference
FileMaker Error Codes
FileMaker Keyboard Shortcuts
FileMaker Network Ports
FileMaker Server Command Line Reference
FileMaker XML Reference
- FileMaker XML Reference
- About FileMaker and XML
- URL Syntax for Web Access to FileMaker Data
- FileMaker XML Grammars
- Query Parameters for XML/XSLT URL Requests
- FileMaker XML and XSLT Namespaces
: Other Resources
Where to Go for More Information
- Where to Go for More Information
- FileMaker
- General Information on Relational Databases
- Data Modeling and Database Design
- Project Management, Programming, and Software Development
- Running a FileMaker Consulting Practice
- General Resources for Tips and Tricks
- Hosting FileMaker Databases on the Web
- FileMaker News Sources
- Developer Tools
- Web Programming
- PHP
- ODBC/JDBC
EAN: 2147483647
Pages: 352
