Futurebasic/Language/Reference/annuity

FN Annuity#Edit

FunctionEdit

✔ Appearance ✔ Standard ✔ Console

SyntaxEdit

annuityFactor# = fn annuity#( rate, periods )

DescriptionEdit

Returns the annuity factor for the given interest rate and number of periods. The interest rate should be expressed as a fraction of 1; for example, 5.2 percent should be expressed as 0.052.

NotesEdit

fn annuity# uses the following formula:

 

See AlsoEdit

compound

Language Reference