ARATEN() - Periodic interest rate

Calculates the periodic interest rate of an annuity.

Returns

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

Arguments

Type	Field	Description
double	dPrincipal	Initial capital
double	dPmt	Periodic payment
integer	iTerm	Total number of periods
integer	iBasis	Value: 0 = end 1 = begin
integer	iDigits	Number of digits accuracy

16 bit DLL declarations

PowerBuilder Function declaration

function double ARATEN(double dPrincipal, double dPmt, integer iTerm, int iBasis, int iDigits) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function ARATEN lib "IFL16" (ByVal dPrincipal As Double, ByVal dPmt As Double, ByVal iTerm As Integer, ByVal iBasis As Integer, ByVal iDigits As Integer) As Double

C/C++ Synopsis

#include "function.h"

double ARATEN(double dPrincipal, double dPmt, integer iTerm, int iBasis, int iDigits)

32 bit DLL declarations

PowerBuilder Function declaration

function double ARATEN(double dPrincipal, double dPmt, integer iTerm, int iBasis, int iDigits) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function ARATEN lib "IFL32" (ByVal dPrincipal As Double, ByVal dPmt As Double, ByVal iTerm As Integer, ByVal iBasis As Integer, ByVal iDigits As Integer) As Double

C/C++ Synopsis

#include "function.h"

double ARATEN(double dPrincipal, double dPmt, integer iTerm, short sBasis, short sDitgits)

Example:

dPrincipal	=	8,000
dPmt	=	273.44
iTerm	=	36
iBasis	=	0
iDigits	=	6

Result: .011670 (1.167%)