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newboy1218
Quartz | Level 8 newboy1218
Quartz | Level 8
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Payment Formula

Posted 06-17-2022 01:27 PM (1611 views)

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

Re: Payment Formula

Posted 06-17-2022 01:41 PM (1596 views)  |   In reply to newboy1218

See documentation:

FINANCE PMT Function

 

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newboy1218
Quartz | Level 8 newboy1218
Quartz | Level 8

Re: Payment Formula

Posted 06-17-2022 01:47 PM (1592 views)  |   In reply to JOL

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

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JOL
SAS Employee JOL
SAS Employee

Re: Payment Formula

Posted 06-17-2022 01:52 PM (1587 views)  |   In reply to newboy1218

No, sorry.

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  • 4 replies
  • ‎06-17-2022 01:27 PM
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