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newboy1218
Quartz | Level 8

Hi, does anyone know the formula behind the payment function in SAS? I need to replicate this somewhere else with future value being none 0. Thank you!

 

PMT(rate, number-of-periods, principal-amount[, future-amount][, type])

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JOL
SAS Employee JOL
SAS Employee

See documentation:

FINANCE PMT Function

 

newboy1218
Quartz | Level 8

Thank you for the response. I saw that doc as well, but in there, there is no formula.. Do you know the formula?

JOL
SAS Employee JOL
SAS Employee

No, sorry.

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