Futurebasic/Language/Reference/annuity

FN Annuity# edit

Function edit

✔ Appearance ✔ Standard ✔ Console

Syntax edit

annuityFactor# = fn annuity#( rate, periods )

Description edit

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.

Notes edit

fn annuity# uses the following formula:

 

See Also edit

compound

Language Reference