TERM() - Payment terms

Calculates the number of payment periods in the term of an investment.

Returns

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

Arguments

Type	Field	Description
double	dPmt	Periodic payment
double	dInt	Interest percentage
double	dFV	Future value

16-bit DLL declarations

PowerBuilder Function declaration

function double TERM(double dPmt, double dInt, double dFV) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function TERM lib "IFL16" (ByVal dPmt As Double, ByVal dInt As Double, ByVal dFV As Double) As Double

C/C++ Synopsis

#include "function.h"

double TERM(double dPmt, double dInt, double dFV)

32-bit DLL declarations

PowerBuilder Function declaration

function double TERM(double dPmt, double dInt, double dFV) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function TERM lib "IFL32" (ByVal dPmt As Double, ByVal dInt As Double, ByVal dFV As Double) As Double

C/C++ Synopsis

#include "function.h"

double TERM(double dPmt, double dInt, double dFV)

Example:

dPmt	=	2,000.00
dInt	=	0.075	(7.5%)
dFV	=	100,000

Result: 21.5 (years)