PAYMT function for IBM Planning Analytics (TM1)

    Where can the PAYMT function be used?

      Which TM1 Server version is the PAYMT function available for?

        What is the syntax for PAYMT?

        • Payment = The principal amount.​
        • Interest = The interest rate.​
        • Periods = The number of periods in the annuity.

        Relevant Functions

        • FV = Returns the future value of an annuity at the time of the last payment
        • PAYMT = Returns the payment amount of an annuity based on the principal amount, rate, and number of periods
        • PV = Returns the initial or principal value of an annuity