'Usage Dim instance As CalcPmtFunction Dim args() As Object Dim value As Object value = instance.Evaluate(args)
Parameters
- args
The args contains 3 - 5 items: rate, nper, pv, [fv], [type].
Rate is the interest rate for the loan.
Nper is the total number of payments for the loan.
Pv is the present value, or the total amount that a series of future payments is worth now; also known as the principal.
Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0.
Type is the number 0 (zero) or 1 and indicates when payments are due.