Difference between revisions of "Manuals/calci/cumipmt"
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<div style="font-size:30px">'''CUMIPMT(R, NPPeriods, PValue, SP, EP, Type)'''</div><br/> | <div style="font-size:30px">'''CUMIPMT(R, NPPeriods, PValue, SP, EP, Type)'''</div><br/> | ||
*<math>R</math> is the interest rate. | *<math>R</math> is the interest rate. | ||
− | *<math> | + | *<math>PP</math> is the total number of payment periods. |
*<math>PV</math> is the present value. | *<math>PV</math> is the present value. | ||
− | *<math>SP</math> is | + | *<math>SP</math> is the Start period beginning with 1. |
− | *<math>EP</math> is | + | *<math>EP</math> is the End period. |
*<math>Type</math> is the timing of the payment. | *<math>Type</math> is the timing of the payment. | ||
Line 10: | Line 10: | ||
*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. Interest Rate<math>(R)\le 0</math> |
− | 2. <math> | + | 2. Payment Periods <math>(PP)\le 0</math> |
− | 3. <math> | + | 3. Present Value<math>(PV)\le 0</math> |
− | 4. <math> | + | 4. First Period<math>(SP)\lt 1</math> |
− | 5. <math>EP\lt 1</math> | + | 5. End Period<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. |
Revision as of 03:21, 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 Start period beginning with 1.
- is the End 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. Interest Rate 2. Payment Periods 3. Present Value 4. First PeriodFailed to parse (unknown function "\lt"): {\displaystyle (SP)\lt 1} 5. End PeriodFailed 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.