The iteration used to compute
0
=
PV
+
PMT
×
I%
=
100
C Y
where:
=
x
i
=
y
P/Y
×
G
=
1
+
i
k
i
where:
= 0 for end-of-period payments
k
= 1 for beginning-of-period payments
k
PMT
⎛
----------------------------------------------
ln
⎝
PMT
N
=
--------------------------------------------------------- -
ln
ƒ 0
where:
i
– PV
(
N
=
+
Appendix B: Reference Information
:
i
(
)
1
–
1
+
i
×
------------------------------
G
i
i
(
×
(
y
ln
x
+
1
⁄
×
[
e
÷
C/Y
×
×
G
–
FV
i
⎞
i
⎠
×
×
G
+
PV
i
i
(
)
1
+
i
)
÷
FV
PMT
–
N
–
×
(
)
+
FV
1
+
i
)
)
]
–
1
N
636