MAINT: Simplify fix for rate == 0 in financial.pmt.

1 files changed, 5 insertions, 8 deletions

diff --git a/numpy/lib/financial.py b/numpy/lib/financial.py
index 9ec6fc06b..a7e4e60b6 100644
--- a/numpy/lib/financial.py
+++ b/numpy/lib/financial.py
@@ -208,14 +208,11 @@ def pmt(rate, nper, pv, fv=0, when='end'):
     """
     when = _convert_when(when)
     (rate, nper, pv, fv, when) = map(np.asarray, [rate, nper, pv, fv, when])
-    temp = (1+rate)**nper
-    miter = np.broadcast(rate, nper, pv, fv, when)
-    zer = np.zeros(miter.shape)
-    fact = np.zeros(miter.shape)
-    numerator = (1 + rate * when) * ( temp - 1)
-    np.divide(numerator, rate, where = ( rate!= 0), out= fact)
-    factforZeroRate = nper + zer
-    np.copyto(fact, factforZeroRate, where = (rate==0))
+    temp = (1 + rate)**nper
+    mask = (rate == 0.0)
+    np.copyto(rate, 1.0, where=mask)
+    z = np.zeros(np.broadcast(rate, nper, pv, fv, when).shape)
+    fact = np.where(mask != z, nper + z, (1 + rate*when)*(temp - 1)/rate + z)
     return -(fv + pv*temp) / fact
 
 def nper(rate, pmt, pv, fv=0, when='end'):