Monthly Payment in Time Value of Money Formulas

The Monthly Payment is the amount a borrower is required to pay each month until a debt is paid off. And is denoted by p.

Time Value of Money formulas that make use of Monthly Payment

fxFuture Value of AnnuityGo

fxPresent Value of AnnuityGo

What is the Monthly Payment?

The Monthly Payment is the amount a borrower is required to pay each month until a debt is paid off.

Can the Monthly Payment be negative?

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

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