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  • Linear amortization
  • Managing errors
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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.

Managing errors

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: wd270mat.dll
Minimum version required
  • Version 9
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