Office-3915 - paytypes 6.12.29 NPER and 6.13.36 PMT - is this difference meaningful?

[Patrick Durusau <patrick@durusau.net>]

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
patrick@durusau.net
Technical Advisory Board, OASIS (TAB)
Editor, OpenDocument Format TC (OASIS), Project Editor ISO/IEC 26300
Co-Editor, ISO/IEC 13250-1, 13250-5 (Topic Maps)

Another Word For It (blog): http://tm.durusau.net
Homepage: http://www.durusau.net
Twitter: patrickDurusau

Attachment: OpenPGP_signature
Description: OpenPGP digital signature