Global::payment Method [AX 2012]

Calculates the amount that must be paid every period to repay a loan.

Syntax

client server public static real payment(
    real principal, 
    real interest, 
    real life)

Run On

Called

Parameters

  • principal
    Type: real
    The amount that was originally borrowed.
  • interest
    Type: real
    The interest that is applied each period to the amount borrowed.
  • life
    Type: real
    The number of periods over which the loan is repaid.

Return Value

Type: real
The amount that must be paid every period.

See Also

Reference

Global Class