What is the NPER Function?

What is the NPER Function?

The NPER function calculates the number of payment periods for an investment based on constant-amount periodic payments and a constant interest rate.

What is the Nper equation?

That is the number of periodic payments that are needed given the interest rate, opening and closing balances and the payment values required. Formula: NPER= IF Rate =0 THEN (-Pv – Fv)/PMT ELSE LOG((-Rate*Fv+PMT*(1+Rate*Type))/(Rate*Pv+PMT*(1+Rate*Type)))/LOG(1+Rate)

How do you use the Nper function in Excel?

How to use the NPER Function in excel

NPER function in Excel

Excel formulas and functions – Number of periods (NPER)

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