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Futurebasic/Language/Reference/annuity
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FN Annuity#
Function
✔ Appearance ✔ Standard ✔ Console
Syntax
annuityFactor# = fn annuity#( rate, periods )
Description
Returns the annuity factor for the given interest rate and number of periods. The interest rate should be expressed as a fraction of 1; for example, 5.2 percent should be expressed as 0.052.
Notes
fn annuity# uses the following formula:
See Also
compound
Language Reference