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Help / WLanguage / WLanguage functions / Standard functions / Numeric values functions / Financial functions
  • Linear amortization
  • Error management
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Stored procedures
FinLinearRedemption (Function)
In french: FinAmortissementLinéaire
Calculates the value of linear amortization of a product over a specific period of time.
// Amortization value of a product bought for 25000 Euros whose
// residual value will be 15000 Euros after 6 years.
ResAmortization = 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 does not return an 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
Minimum version required
  • Version 9
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Last update: 09/30/2024

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