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XLeratorDLL/financial Documentation

.NET PPMT function for odd-first period loans

Updated: 31-Mar-2016
Use the .NET function LPPMT to calculate the principal payment for a specified payment for a loan or lease. LPPMT calculates the principal payment amount as the payment amount minus the interest payment amount. In the case of actuarial rule loans, this means that the principal payment may be negative, increasing the principal balance for the subsequent period. For US Rule loans, there will never be a negative principal payment arising from the interest payment.

View .Net LPPMT function full documentation...

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