Futurebasic/Language/Reference/annuity
(Redirected from 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: