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Nper is an argument that refers to the number of periods for things like loan payments. It is used in a number of different financial functions.
Wiki User
∙ 8y ago
Wiki User
∙ 11y agoIt stands for Number of PERiod in Excel
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Which PMT function argument is used for the number of payments that will be made to an investment or loan?
The nper argument.The nper argument.The nper argument.The nper argument.The nper argument.The nper argument.The nper argument.The nper argument.The nper argument.The nper argument.The nper argument.
What is NPER in Excel?
NPER is a financial function in Excel. It returns the number of periods for an investment based on periodic, constant payments and a constant interest rate.
When you enter the rate and nper arguments in a PMT fuction you must?
Divide both values by 12
What function calculates the number of periods required to pay off a loan or investment in excel?
The NPER() function.
Excel formula to figure out loan repayments?
You would use the PMT function. = PMT ( rate , nper , pv , fv , type ) rate - the annual interest rate for the loan. nper - the total number of payments for the loan. pv - the present value or the amount borrowed or the "principal of the loan. fv - future value - for a loan this will be 0. type - indicates when payments are due: "0" (or omitted) - at the end of the period ie: end of the month. "1" - at the beginning of the period ie: beginning of
What is the full form of PPMT in Excel?
It is the Principal Payment function. It returns the payment on the principal for a given period for an investment based on periodic, constant payments and a constant interest rate. PPMT( rate, per, nper, pv, fv, type ) Rate is the interest rate per period. Per specifies the period and must be in the range 1 to nper. Nper is the total number of payment periods in an annuity. Pv is the present value- the total amount that a series of future payments is worth now. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0. Type is the number 0 or 1 and indicates when payments are due.
What are the two arguments of PMT in Excel?
PMT has the following structure: PMT( rate, nper, pv, fv, type ) Rate is the interest rate for the loan. Nper is the total number of payments for the loan. Pv is the present value, or the total amount that a series of future payments is worth now; also known as the principal. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0. Type is the number 0 (zero) or 1 and indicates when payments are due.
How do you solve a pension fund problem using time value of money and the Excel spreadsheet and Excel formulas?
If you have a set dollar goal to reach and a set dollar amount that you can contribute, then I think I can help. There's a function in Excel called NPER. It stands for number of periods. It will give you the total number of periods, which is essential for time value of money. Click on Insert at the top of the screen and a drop down appears. Then click on Function and choose all, and scroll for NPER, it should explain everything to you. Once you have the number of periods via the formula, you must manually multiply that by the dollar amount of the payments which you'll be making. Tell me the answer you get so we can do a reasonable-ness test.
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