On Saturday, May 4, 2013 11:37:17 PM UTC-4, Michael Marshall wrote: > 4) Partial period payment > > But then if the NPER has a fraction, you may still opt to pay or collect the > payment at the actual time period but the amount you pay is the fraction of > time period times the remaining principal. Thus if the NPER is 10.5 you make > the last payment at the end of 10 years and 6 months in amount of 0.5 * > remaining_principal >
EDIT Meant to write But then if the NPER has a fraction, you may still opt to pay or collect the payment at the actual time period but the amount you pay is the fraction of time period times the periodic payment. Thus if the NPER is 10.5 you make the last payment at the end of 10 years and 6 months in amount of 0.5 * periodic_payment -- http://mail.python.org/mailman/listinfo/python-list
