Discrete Amount Projections category

Project one or a series of amounts that are paid at discrete times

Discrete Amount Projections are about projecting single or multiple values, or payments, in a timebase. In contrast to projections about rates (eg Constant Rate, Stepped Rate), Discrete Amounts are more like one-off lumps that occur at specific times. There are three families of functions within the Discrete Amount Projections category: The Payments family has functions for inserting one or more payments in a projection. These range from the simple MkPmts to many more advance variations, such as those that grow the payments according to a forecast (MkPmtsGrow, MkPmtsFcst), those that introduce a time delay (MkPmtsLag, MkPmtsLagProf) and those that take out a payment from one part of the projection and put it in another (RePhasePmt, RePhasePmts). The Payments Periodic family has functions like the Payments family but that repeat periodically after set time intervals. For example there is MkPmtsPer, which takes a ?mtInterval?in months, and MkPmtsGrow, which does the same thing but grows the payment every time it is applied. The Payments Market family uses growth and forecasts like the Payments family, but in a more subtle way. It uses a value from a forecast if no value has been specified against a particular date. So MkPmtsFcstMkt will simply apply it"s Pmts against the PmtDates unless a payment is missing or zero, in which case it will substitute in its place a value from the forecast.