Difference between revisions of "Manuals/calci/cumipmt"

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*CUMIPMT shows the ERROR value when <math>R\le 0</math>, <math>NPPeriods\le=0</math>, <math>PresentValue\le 0<math>, or <math>P\lt 1<math>, <math>EP\lt 1<math>, <math>SP \gt EP<math>,
 
*CUMIPMT shows the ERROR value when <math>R\le 0</math>, <math>NPPeriods\le=0</math>, <math>PresentValue\le 0<math>, or <math>P\lt 1<math>, <math>EP\lt 1<math>, <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'''
 
  0                 Payment at the end of the period
 
  0                 Payment at the end of the period
 
  1                 Payment at the beginning of the period
 
  1                 Payment at the beginning of the period

Revision as of 06:04, 12 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 , , 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.

References