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Text File  |  1989-03-06  |  380b  |  6 lines

  1. term ( rate, payment, presval, futval*, type* )
  2. number of payments
  3.  
  4. rate—interest rate per period; payment—payment per period; presval—present value of amount to be paid; futval—optional future value (default 0); type—optional: 0 payment at end of period, 1 payment at beginning.
  5.  
  6. term creates a block the same size as the rate block containing the number of payments to be made.