Difference between revisions of "Manuals/calci/cumipmt"

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*This function gives the cumulative interest paid on a loan between <math>SP</math> and <math>EP</math>.
 
*This function gives the cumulative interest paid on a loan between <math>SP</math> and <math>EP</math>.
 
*CUMIPMT shows the ERROR value when
 
*CUMIPMT shows the ERROR value when
  1.<math>R\le 0</math>
+
  1. <math>R\le 0</math>
  2.<math>NPPeriods\le 0</math>
+
  2. <math>NPPeriods\le 0</math>
  3.<math>PresentValue\le 0</math>
+
  3. <math>PresentValue\le 0</math>
  4.<math>P\lt 1</math>
+
  4. <math>P\lt 1</math>
  5.<math>EP\lt 1</math>
+
  5. <math>EP\lt 1</math>
  6.<math>SP \gt EP</math>,
+
  6. <math>SP \gt EP</math>,
 
*<math>Type</math> should be 0 or 1.
 
*<math>Type</math> should be 0 or 1.
 
  '''TYPE'''             '''TIMIING'''
 
  '''TYPE'''             '''TIMIING'''

Revision as of 03:14, 24 February 2014

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


  • is the interest rate.
  • is the total number of payment periods.
  •  is the present value.
  •  is the first period beginning with 1.
  •  is the last period.
  •  is the timing of the payment.

Description

  • This function gives the cumulative interest paid on a loan between and .
  • CUMIPMT shows the ERROR value when
1. 
2. 
3. 
4. Failed to parse (unknown function "\lt"): {\displaystyle P\lt 1}

5. Failed to parse (unknown function "\lt"): {\displaystyle EP\lt 1}

6. Failed to parse (unknown function "\gt"): {\displaystyle SP \gt EP}
,
  • 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.

References