Affects Version/s: None
Fix Version/s: ODF 1.2
Broken out from
- 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.