Nper¤
Excel NPER(rate; PMT; PV; FV; type): Returns the number of periods for an investment based on periodic, constant payments and a constant interest rate. Rate is the periodic interest rate. PMT is the constant annuity paid in each period. PV is the present value (cash value) in a sequence of payments. FV (optional) is the future value, which is reached at the end of the last period. Type (optional) defines whether the payment is due at the beginning (1) or the end (0) of a period.
Parameter¤
Function name¤
The name of the Excel function
- Datatype:
string
- Default Value:
NPER