Hi everyone,
I am wondering, how I can get the remaining value of a load or annuity after a fixed time span with a fixed rate.
Say e.g. I have a loan of $100.000, an annual interest rate of 11% and a monthly payment fo $1.500. What amount of money is left after this time?
All functions I have found (e.g. amortize, annurate, …) either provide as output
a timespan to completely pay the loan or
a rate that need to be payed
Many functions even provide an additional input "FutureValue", but I would need that as an output of my function. Did I overlook something? Or does that function simply not exist?
Thanks!Hi everyone,
I am wondering, how I can get the remaining value of a load or annuity after a fixed time span with a fixed rate.
Say e.g. I have a loan of $100.000, an annual interest rate of 11% and a monthly payment fo $1.500. What amount of money is left after this time?
All functions I have found (e.g. amortize, annurate, …) either provide as output
a timespan to completely pay the loan or
a rate that need to be payed
Many functions even provide an additional input "FutureValue", but I would need that as an output of my function. Did I overlook something? Or does that function simply not exist?
Thanks! Hi everyone,
I am wondering, how I can get the remaining value of a load or annuity after a fixed time span with a fixed rate.
Say e.g. I have a loan of $100.000, an annual interest rate of 11% and a monthly payment fo $1.500. What amount of money is left after this time?
All functions I have found (e.g. amortize, annurate, …) either provide as output
a timespan to completely pay the loan or
a rate that need to be payed
Many functions even provide an additional input "FutureValue", but I would need that as an output of my function. Did I overlook something? Or does that function simply not exist?
Thanks! amortize, loan, finance MATLAB Answers — New Questions

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