Futurebasic/Language/Reference/annuity
FN Annuity#[edit | edit source]
Function[edit | edit source]
✔ Appearance ✔ Standard ✔ Console
Syntax[edit | edit source]
annuityFactor# = fn annuity#( rate, periods )
Description[edit | edit source]
Returns the annuity factor for the given interest rate and number of periods. The interest rate should be expressed as a fraction of 1; for example, 5.2 percent should be expressed as 0.052.
Notes[edit | edit source]
fn annuity#
uses the following formula: