Manuals/calci/cumipmt
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 (unknown function "\lt"): {\displaystyle P\lt 1} Failed to parse (unknown function "\lt"): {\displaystyle EP\lt 1} Failed 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 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.