rate

The rate of a loan with constant payments (french type amortization)

Functions for managing cashflows and interest rate curves.

Juan Truppia

Time Value of Money Functions

rate function

<dl><dt>amt</dt>
<dd>The amount of the loan</dd>
<dt>maturity</dt>
<dd>The maturity of the loan</dd>
<dt>pmt</dt>
<dd>The payments of the loan</dd>
<dt>extrema</dt>
<dd>Vector of length 2 that has the minimum and maximum value to search for the rate</dd>
<dt>tol</dt>
<dd>The tolerance to use in the root finding algorithm</dd></dl>

Arguments

The rate of a loan with constant payments (french type amortization) — rate

<dl>

<dt>amt</dt>
<dd>The amount of the loan</dd>


<dt>maturity</dt>
<dd>The maturity of the loan</dd>


<dt>pmt</dt>
<dd>The payments of the loan</dd>


<dt>extrema</dt>
<dd>Vector of length 2 that has the minimum and maximum value to search for the rate</dd>


<dt>tol</dt>
<dd>The tolerance to use in the root finding algorithm</dd>

</dl>

rate: The rate of a loan with constant payments (french type amortization)

Description

Usage

Arguments

Details

Examples