Arguments You Can Use with Financial Methods
The following table describes arguments that you can use with financial methods. The topic for each method lists the arguments you can use with that method.
Argument | Description |
---|---|
due |
An integer that specifies when payments are due. You can use one of the following values:
|
fv |
The future value of one of the following:
|
guess |
An estimate of the rate returned. This value is typically in the range of 0.1 (10 percent) through 0.15 (15 percent). |
nper |
The total number of payment periods. |
per |
The payment period, in the range of 1 through the value that the nper argument contains. |
period |
The specific payment period, in the range 1 through the value that the nper argument contains. |
pmt |
The constant periodic payment for each period. |
pv |
The present value or the initial lump sum of one of the following:
|
rate |
The interest rate for each period. For more information, see How Some Financial Methods Use the Rate Argument. |
valuearray |
An array that contains cash flow values. This argument must include at least one each of the following items:
You must represent payments and receipts in the exact sequence that the method must use to calculate them. The value that the method returns varies according to the modification that occurs in the sequence of cash flows. |