Andreas, Apologies but I have been in all day zoom calls this week. Horrible business! NPER says: PayType: the type of payment, defaults to 0. It is 0 if payments are due at the end of the period; 1 if they are due at the beginning of the period. PMT says: PayType: the type of payment, defaults to 0. It is 0 if payments are due at the end of the period; 1 if they are due at the beginning of the period. With PayType = 1 the first payment is made on the same day the loan is taken out. Is the sentence "With PayType = 1 the first payment is made on the same day the loan is taken out." redundant? Or does it have some domain in which it makes sense? Thanks! Patrick -- Patrick Durusau
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