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cumprinc (version 0.1)

Functions Centered Around Microsoft Excel Cumprinc Function

Description

Provides similar functionality to 'Microsoft Excel' 'CUMPRINC' function . Returns principal remaining at a given month, principal paid in a month, and accumulated principal paid at a given month based on original loan amount, monthly interest rate, and term of loan.

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Version

Install

install.packages('cumprinc')

Monthly Downloads

198

Version

0.1

License

GPL (>= 2)

Maintainer

Jason Richardson

Last Published

November 30th, 2022

Functions in cumprinc (0.1)

princ_accum

Accumulated principal paid back at time n
princ_remn

Remaining principal at time n
princ_month

Principal to be paid back at time n