Manuals/calci/cumprinc

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CUMPRINC(R, NPPeriods, PV, SP, EP, Type)

where,

R - the interest rate.

NPPeriods - the total number of payment periods.

PV - the present value.

SP - the first period beginning with 1.

EP - the last period.

Type - the timing of the payment.

TYPE              TIMIING

0                     Payment at the end of the period

1                     Payment at the beginning of the period


This function gives the cumulative principal paid on a loan between SP and EP.


CUMPRINC shows the ERROR value when R<=0, NPPeriods<=0, PV<=0, or SP<1, EP <1, SP>EP,

Type should be 0 or 1.


CUMPRINC


Lets see an example

=CUMPRINC(0.03/12,B3*12,B4,13,24,0)

CUMPRINC returns -11046.6464.

Consider another example

=CUMPRINC(0.02/12,10*12,200000,10,20,1)

CUMPRINC returns -16939.2946.


Syntax

Remarks

Examples

Description

Column1 Column2 Column3 Column4
Row1
Row2 15 10 128
Row3 200000 200000
Row4 -11046.646138 -16939.294642 10000
Row5
183070.705358 10000 128
Row6 0.850904 1.619775 0.525322