numpy.pmt() in Python Last Updated : 29 Nov, 2018 Comments Improve Suggest changes Like Article Like Report numpy.pmt(rate, nper, pv, fv, when = ‘end’): This financial function helps user to compute payment value as per the principal and interest. Parameters : rate : [scalar or (M, )array] Rate of interest as decimal (not per cent) per period nper : [scalar or (M, )array] total compounding periods fv : [scalar or (M, )array] Future value pv : [scalar or (M, )array] present value when : at the beginning (when = {‘begin’, 1}) or the end (when = {‘end’, 0}) of each period.Default is {‘end’, 0} Return :Payment value Equation being solved : fv + pv*(1+rate)**nper + pmt*(1 + rate*when)/rate*((1 + rate)**nper - 1) == 0 or when rate == 0 fv + pv + pmt * nper == 0 Code: Python3 1== # Python program explaining # pmt() function import numpy as np ''' Question : monthly payment needed to pay off a $10, 000 loan in 12 years at an annual interest rate of 10 % ''' # rate np pv Solution = np.pmt(0.10 / 12, 12 * 12, 10, 000) # Here fv = 0 ; Also Default value of fv = 0 print("Solution : ", Solution) Output: Solution : -0.1195078262827336 Comment More infoAdvertise with us Next Article numpy.pmt() in Python M mohit gupta_omg :) Follow Improve Article Tags : Python Python-numpy Python numpy-Financial Functions Practice Tags : python Similar Reads numpy.ppmt() in Python numpy.ppmt(rate, nper, pv, fv, when = ‘end’) : This financial function helps user to compute payment value as per the principal value only. Parameters : rate : [scalar or (M, )array] Rate of interest as decimal (not per cent) per period nper : [scalar or (M, )array] total compounding periods fv : [s 2 min read numpy.pv() in Python numpy.fv(rate, nper, pmt, fv, when = 'end') : This financial function helps user to compute future values. Parameters : rate : [array_like] Rate of interest as decimal (not per cent) per period nper : [array_like] total compounding periods pmt : [array_like] fixed payment fv : [array_like, optional] 1 min read numpy.polydiv() in Python The numpy.polydiv() method evaluates the division of two polynomials and returns the quotient and remainder of the polynomial division. Syntax : numpy.polydiv(p1, p2) Parameters : p1 : [array_like or poly1D]Coefficients of dividend polynomial. p2 : [array_like or poly1D]Coefficients of divisor polyn 1 min read numpy.fv() in Python numpy.fv(rate, nper, pmt, pv, when = 'end') : This financial function helps user to compute future values. Parameters : rate : [scalar or (M, )array] Rate of interest as decimal (not per cent) per period nper : [scalar or (M, )array] total compounding periods pmt : [scalar or (M, )array] fixed payme 1 min read numpy_financial.pmt() in Python numpy_financial.pmt() function in Python is part of the numpy-financial library and is used for calculating the payment amount required for a loan or an investment, assuming that payments are constant and the interest rate remains unchanged throughout the term. This function is particularly useful f 4 min read Like