Futurebasic/Language/Reference/annuity
< Futurebasic | Language | Reference
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: