what is usage of due variable in amortize function?(amortize of a financial tool box)

Answers (1)

xorso - according to the documentation for amortize, due is an optional argument to the amortize function that indicates when payments are due - either at the end of the period (i.e. end of the month) or at the beginning of the period (i.e. first day of the month). The default is the end of the period. If you alternate between the two values, you will notice a change in at least the output principal (that which must be paid in each period).

Categories

Find more on MATLAB in Help Center and File Exchange

Asked:

on 10 Jan 2015

Commented:

on 11 Jan 2015

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!