Manuals/calci/NPER

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NPER(Rate, PaymentPeriod, PresentValue, FutureValue, Type)

where,

Rate - represents the interest rate.

PaymentPeriod - the payment of each period.

PresentValue - represents the present value.

FutureValue - represents the future value.

Type - represents payments due.

Type              Payment Due

0 or omitted    end of the period

1                     beginning of the period


It returns the number of periods for an investment based on periodic, constant interest rate and constant payments.


If Type other than 0 or 1, NPER returns the #ERROR.


NPER


Lets see an example in (Column1, Row6)

=NPER(0.2/12, R2C1, R3C1, R4C1, R5C1)

NPER returns -32.01946.

Consider another example

=NPER(0.1/12,50,-500,52000,4)

It returns #ERROR.


Syntax

Remarks

Examples

Description

Column1
Column2
Column3 Column4
Row1 20%
Row2 800
Row3 -5000
Row4 23000
Row5 1
Row6 -32.01946