FinLinearRedemption (Function)

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Linear amortization
Error management

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FinLinearRedemption (Function)

In french: FinAmortissementLinéaire

Calculates the value of linear amortization of a product over a specific period of time.

Example

See additional examples

// Valeur d'amortissement d'un bien acheté 25 000 Euros dont la
// valeur résiduelle sera de 15 000 Euros après une durée de 6 ans.
ResAmortissement = FinLinearRedemption(25000, 15000, 6)

Syntax

<Result> = FinLinearRedemption(<Acquisition cost> , <Residual value> , <Duration>)

<Result>: Real or currency

Value of amortization,
0 is the amortization is null.

<Acquisition cost>: Real or currency

Acquisition cost of the product.

<Residual value>: Real or currency

Residual value of the product after amortization.

<Duration>: Real

Number of periods during which the product is repaid. This duration cannot be null.

Remarks

Linear amortization

In a linear amortization, the amortization value is the same for each amortization period.

Error management

Caution: FinLinearRedemption returns no error code. To determine if this function has generated errors, use FinError. To get more details on the error, use ErrorInfo with the errMessage constant.

Component: wd300mat.dll