How do you use the Financial.Pmt in Visual Basic to calculate a yearly loan?

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How do you use the Financial.Pmt in Visual Basic to calculate a yearly loan?

Loan is 9000 dollars for three years at a interest rate of 12%.

2007-02-23 10:00:07 · 2 answers · asked by lil' Mama 1 in Computers & Internet ➔ Programming & Design

2 answers

3 years = 36 payments (1 per month)
monthly int = 12%APR/ 12 = .12/12 = .01
Present Value PV = 9000

VB2005 express intellisense will provide instructions

Dim pymt as Double

pymt = financial.pmt( 0.12/12, 36,9000, , )

2007-02-23 10:15:51 · answer #1 · answered by MarkG 7 · 0⤊ 0⤋

Financial Pmt

2017-01-19 08:59:40 · answer #2 · answered by ? 4 · 0⤊ 0⤋