Function finance_math::am
[−]
[src]
pub fn am(
principal: f64,
rate: f64,
period: f64,
year_or_month: bool,
pay_at_beginning: bool
) -> f64
In business, amortization refers to spreading payments over multiple periods. The term is used for two separate processes: amortization of loans and assets. It also refers to allocating the cost of an intangible asset over a period of time. see definition: https://en.wikipedia.org/wiki/Amortization_%28business%29