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Stored procedures
Calculates the interest rate for a loan over a specific period of time with fixed payments.
Remark: The interest rate is assumed to be fixed over the period.
Versions 17 and later
iPhone/iPad This function is now available for iPhone/iPad applications.
New in version 17
iPhone/iPad This function is now available for iPhone/iPad applications.
iPhone/iPad This function is now available for iPhone/iPad applications.
Versions 18 and later
Universal Windows 10 App This function is now available in Windows Store apps mode.
New in version 18
Universal Windows 10 App This function is now available in Windows Store apps mode.
Universal Windows 10 App This function is now available in Windows Store apps mode.
Versions 21 and later
Universal Windows 10 App This function is now available in Universal Windows 10 App mode.
New in version 21
Universal Windows 10 App This function is now available in Universal Windows 10 App mode.
Universal Windows 10 App This function is now available in Universal Windows 10 App mode.
Versions 23 and later
Android Widget This function is now available in Android Widget mode.
Android This function is now available for Android applications.
New in version 23
Android Widget This function is now available in Android Widget mode.
Android This function is now available for Android applications.
Android Widget This function is now available in Android Widget mode.
Android This function is now available for Android applications.
Example
// Interest rate for a loan of 25000 Euros. Six payments
// of 5000 Euros are required to pay off the loan.
ResInterestRate = FinInterestRate(6, -5000, 25000)
Syntax
<Result> = FinInterestRate(<Number of Necessary Payments> [, <Payment Value> [, <Capital>]])
<Result>: Real or currency
Interest rate sought.
<Number of Necessary Payments>: Real or currency
Total number of payments that must be done.
<Payment Value>: Optional real
Value of payment (0 by default). This value must be negative.
<Capital>: Optional real or currency
Amount of loan (1 by default).
Remarks
Caution: FinInterestRate returns no error code. To find out whether errors have been generated by this function, use FinError. The wording of the error can be known using the function ErrorInfo with the constant errMessage.
Component : wd260mat.dll
See also
Minimum version required
  • Version 9
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