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Workday User Guide
Last Updated: 2023-06-23
ISPMT

ISPMT

Description

Returns the interest payment during the specified period, based on a constant interest rate and regular payments.

Syntax

ISPMT(
rate
,
per
,
nper
,
pv
)
  • rate
    : The interest rate for each period.
  • per
    : The period to calculate the payment for.
  • nper
    : The total number of periods for the loan or investment.
  • pv
    : The present value.