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 02:21, 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.
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 (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle EP\lt 1} 6. Failed to parse (unknown function "\gt"): {\displaystyle SP \gt EP} ,
2. Payment Periods 
3. Present Value
4. First PeriodFailed to parse (unknown function "\lt"): {\displaystyle (SP)\lt 1}
5. End PeriodFailed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\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.