Manuals/calci/cumipmt

CUMIPMT(R, NPPeriods, PValue, SP, EP, Type)

• Failed to parse (syntax error): {\displaystyle R<math> is the interest rate. *<math>NPPeriods<math> is the total number of payment periods. *<math>PV<math> is the present value. *<math>SP<math> is the first period beginning with 1. *<math>EP<math> is the last period. *<math>Type<math> is the timing of the payment. ==Description== *This function gives the cumulative interest paid on a loan between SP and EP. *CUMIPMT shows the ERROR value when <math>R\le 0} , $NPPeriods\leq =0$, Failed to parse (syntax error): {\displaystyle PresentValue\le 0<math>, or <math>P\lt 1<math>, <math>EP\lt 1<math>, <math>SP \gt EP<math>, *<math>Type} should be 0 or 1.

TYPE              TIMIING

0                 Payment at the end of the period

1                 Payment at the beginning of the period

Examples

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

CUMIPMT returns -5527.3132.

Consider another example

=CUMIPMT(0.02/12,10*12,200000,10,20,1) CUMIPMT returns -3269.9831.