Example: Periodic Payments

using System;
using Imsl.Finance;

public class pmtEx1
{
    public static void  Main(String[] args)
    {
        double rate = .08;
        int nper = 25;
        double pv = 100000.00;
        double fv = 0.0;
        
        double pmt = Finance.PeriodicPayment(rate, nper, pv, fv, 
                                             Finance.Period.AtEnd);
        Console.Out.WriteLine("The payment due each year on the " + 
                              "$100,000 loan is " + pmt.ToString("C"));
    }
}

Output

The payment due each year on the $100,000 loan is ($9,367.88)