Rate per Payment in Financial Formulas

Rate per Payment refers to the periodic interest rate used in loan amortization calculations, specifically in the context of calculating loan payments. And is denoted by r_p.

Financial formulas that make use of Rate per Payment

fxRemaining Loan BalanceGo

FAQ

What is the Rate per Payment?

Rate per Payment refers to the periodic interest rate used in loan amortization calculations, specifically in the context of calculating loan payments.

Can the Rate per Payment be negative?

{YesorNo}, the Rate per Payment, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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