Webinar: Financial Functions – NPER Function Given the total of the loan to be repaid, or target...
-
Upload
jasper-dawson -
Category
Documents
-
view
212 -
download
0
Transcript of Webinar: Financial Functions – NPER Function Given the total of the loan to be repaid, or target...
![Page 1: Webinar: Financial Functions – NPER Function Given the total of the loan to be repaid, or target to be saved, the interest rate and how much is to be paid.](https://reader035.fdocuments.us/reader035/viewer/2022072016/56649ef15503460f94c01d7c/html5/thumbnails/1.jpg)
Webinar:Financial Functions – NPER FunctionGiven the total of the loan to be repaid, or target to be saved, the interest rate and how much is to be paid per
month, NPER will tell you how many payments you’ll need to make.
![Page 2: Webinar: Financial Functions – NPER Function Given the total of the loan to be repaid, or target to be saved, the interest rate and how much is to be paid.](https://reader035.fdocuments.us/reader035/viewer/2022072016/56649ef15503460f94c01d7c/html5/thumbnails/2.jpg)
The NPER (number of periods) function returns the number of periods of an investment based on periodic, constant payments and a constant interest rate.
Syntax: NPER(rate, pmt, pv, [fv], [type])
Rate Is the interest rate for the loan
PMTIs the payment made each period; cannot change at all. Generally does not include fees or other taxes but does cover the principle and total interest.
Pv Is the present value, or the total amount that a series of future payments is worth now. Sometimes called the principle
Fv Is the future value, or a cash balance, you want to attain after the last payment is made. If omitted, it is set to 0.
Type Is the number 0 (zero) or 1 and indicates when payments are due i.e. 0 = end of the month, 1 = beginning of the month
NPER Function – Total Months
![Page 3: Webinar: Financial Functions – NPER Function Given the total of the loan to be repaid, or target to be saved, the interest rate and how much is to be paid.](https://reader035.fdocuments.us/reader035/viewer/2022072016/56649ef15503460f94c01d7c/html5/thumbnails/3.jpg)
Managing Worksheets &
FormulaeWorkshop 1 Managing Data
lists & MacrosWorkshop 2 Pivot Tables &
Pivot ChartsWorkshop 3
Work smarter, everyday!
Excel on Steroids is a specialised training programme focusing on key Excel functionality
for business reporting and decision-making!
www.alchemex.com
![Page 4: Webinar: Financial Functions – NPER Function Given the total of the loan to be repaid, or target to be saved, the interest rate and how much is to be paid.](https://reader035.fdocuments.us/reader035/viewer/2022072016/56649ef15503460f94c01d7c/html5/thumbnails/4.jpg)
You can also find our knowledgebase, free trial software download and customer references, and sign up for free Tips & Tricks e-newsletters at
www.alchemex.com.
ALCHEMEX Contact Information
Website www.alchemex.com
Sales [email protected]
Support [email protected]
BI Community http://alchemex.ning.com
Online Training Academy www.alchemexacademy.com
![Page 5: Webinar: Financial Functions – NPER Function Given the total of the loan to be repaid, or target to be saved, the interest rate and how much is to be paid.](https://reader035.fdocuments.us/reader035/viewer/2022072016/56649ef15503460f94c01d7c/html5/thumbnails/5.jpg)
If you have found this Webinar useful, see our Webinar Schedule at www.alchemex.com and register for more.
Thank you for your time and have a great day!