APMT() - Advance payments

Calculate the periodic payment when a payment has made in advance.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dPrincipal	Loan principal
double	dBalloon	Balloon payment
double	dInt	Periodic interest rate
long	dTerm	Total number of periods
long	dAdv	Period number of advance payment

16-bit DLL declarations

PowerBuilder Function declaration

function double APMT(double dPrincipal, double dBalloon, double dInt, long dTerm, long dAdv) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function APMT lib "IFL16" (ByVal dPrincipal As Double, ByVal dBalloon As Double, ByVal dTerm As Long, Byval dAdv As Long) As Double

C/C++ Synopsis

#include "function.h"

double APMT(double dPrincipal, double dBalloon, double dInt, long dTerm, long dAdv)

32-bit DLL declarations

PowerBuilder Function declaration

function double APMT(double dPrincipal, double dBalloon, double dInt, long dTerm, long dAdv) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function APMT lib "IFL32" (ByVal dPrincipal As Double, ByVal dBalloon As Double, ByVal dTerm As Long, Byval dAdv As Long) As Double

C/C++ Synopsis

#include "function.h"

double APMT(double dPrincipal, double dBalloon, double dInt, long dTerm, long dAdv)

Example:

dPrincipal	=	-750
dBalloon	=	0
dInt	=	0.1	(10%)
dTerm	=	12
dAdv	=	3

Result: $ 64.45