Storefront hosting - Calculates the future value of an annuity (either
Calculates the future value of an annuity (either an investment or loan) based on a regular number of payments of a fixed value and a static interest rate over the period of the annuity. Rules at a Glance The time units used for the number of payment periods, the rate of interest, and the payment amount must be the same. In other words, if you state the payment period in months, you must also express the interest rate as a monthly rate and the amount paid per month. The rate per period is stated as a fraction of 100. For example, 10% is stated as .10. If you are calculating using monthly periods, you must also divide the rate per period by 12. Therefore, 10% per annum, for example, equates to a rate per period of .00833. The pv argument is most commonly used as the initial value of a loan. The default is 0. Payments made against a loan or added to the value of savings are expressed as negative numbers. The default value for the due argument is DueDate.EndOfPeriod. See Also IPmt Function, NPer Function, NPV Function, PPmt Function, PV Function, Rate Function Get Statement Syntax Get( ) [ statements ] End Get statements Use: Optional Program code to be executed when the Property Get procedure is called Description Defines a Property Get procedure that returns a property value to the caller Rules at a Glance The Get statement can only be used within a Property…EndProperty construct. The property value can be returned either by using the Return statement or by assigning the value to a variable whose name is the same as the property. For example: Public Property MyProp As String Private sSomeVar as String Property Get( ) Return sSomeVar End Get … End Property
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