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Type: Sub-task
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Status: Closed
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Priority: Major
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Resolution: Fixed
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Affects Version/s: None
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Fix Version/s: ODF 1.2
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Component/s: OpenFormula
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Labels:None
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Resolution:
Broken out from OFFICE-916
PMT
- Constraints should have Nper>0 and integer
- For clarity, should specify that with PayType=1 the first payment is made on
the same day the loan is taken out. - The formula is unstable at very low rates. Better to use an approximation,
but Calc at least does not do so, and will produce #VALUE! errors. Excel 97
similarly gives #DIV/0!
Add constraints and PayType=1 definition, and a note that the formula may be unstable at very low rates.