The Excel NPER Function
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The function helps calculate the number of periods that are required to pay off a loan through. NPER Function Description: The NPER Function Calculates the total number of payment periods. If the results of RATE do not converge within 20 iterations, RATE returns the NUM! Example 2: How long will it take to pay off a loan?
Typically, pmt contains principal and interest but no other fees or taxes. NPER function calculates number of periods for an investment or a loan with the assumption of constant payments at regular intervals and a fixed interest rate. Pmt Select cell A2 and insert the PMT function.
NPER - The number 0 or 1 and indicates when payments are due.
You MUST have a valid e-mail address so that you may receive the instructions to complete the reset. You may have to before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. If this helps and you want further information let me know. D 1st Year 100 x 1. In these cases the 12 root of R would be used to represent a period of one month In the example above 1. In the case n + 1. Lyn, I am sure you have the right formula, but it did not print correctly in your post. Note the minus sign in front of Capital or the principal amount. I am working on something where I have just tested this formula, so should be correct. Last edited by GlennMar; Aug 22nd, 2012 at 03:16 AM. Resources saved on this page: MySQL 12. Feedback Buttons provided by - Copyright © 2018 DragonByte Technologies Ltd. User Alert System provided by - Copyright © 2018 DragonByte Technologies Ltd. Redirecting Of Banned Users provided by - Copyright © 2018 DragonByte Technologies Ltd. All contents Copyright 1998-2018 by MrExcel Publishing.
For PMT, cash out-flows must be negative. If this helps and you want further information let me know. Learn editing, formatting, navigation, ribbon, paste special, data manipulation, formula and cell editing, and other shortucts. Tip: when working with financial functions in Excel, always ask yourself the question, am I making a payment negative or am I receiving money positive. The payment made each period; it cannot change over the life of the nper excel meaning. Lyn, I am sure you have the right formula, but it did not print correctly in your post. Note the minus sign in front of Capital or the principal amount. To start viewing messages, select the forum that you want to visit from the selection below. You may need to increase the payment amount or reduce the interest rate to get a valid result. For formulas to show results, select them, press F2, and then press Enter. For PMT, cash out-flows must be negative. You'll also learn how to troubleshoot, trace errors, and fix problems.
