PmtsPerYearOpt | |||||||||
Data Type: Float (Optional) | |||||||||
Either a Float number (ie not an integer), or the variable can be omitted. If the value is a string, the function will attempt to convert it to a number, using the part of the string from the start to the first non-numeric character (ie not one of 0123456789+-*/^). | |||||||||
If PmtsPerYear is zero, it defaults to -1 (payments annually in arrear) | |||||||||
Maximum | 1000000 | ||||||||
Minmum | -1000000 | ||||||||
Example: -1 | |||||||||
Variable Values | |||||||||
Default(s) | |||||||||
-1 | The usual case for financial functions in general. Payment at the end of the year. |