Difference between revisions of "Manuals/calci/cumipmt"

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Line 14: Line 14:
 
  3. Present Value<math>(PV)\le 0</math>
 
  3. Present Value<math>(PV)\le 0</math>
 
  4. First Period<math>(SP)\lt 1</math>
 
  4. First Period<math>(SP)\lt 1</math>
  5. End Period<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 03:22, 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.

References