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4D v19
NPER

NPER 


 

NPER ( i , m , p {, f} )  
Parameter Type   Description
Number in The interest rate for a period
Number in The monthly payment paid at the end of the period (use a negative value).
For acquired value: pass an empty parameter (see example)
Number in The current value of the loan
Number in The future value of the loan (use a negative value)

The NPER function returns the number of periods needed to reimburse a loan. Two formulas can be used:

  • First formula, when you know the monthly payment:
  • Second formula, when you know the total payment:

You borrowed 6,500 euros with 10.5% annual interest and you reimburse 166.42 euros per month:

NPER(10.5%/12,-166.42,6500) //48

You borrowed 3,000 euros with 10.5% annual interest and you know that the total monthly payments will be 5,000 euros:

NPER(10.5%/12,,3000,-5000) //58

 
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Product: 4D
Theme: 4D View Pro Formulas

 
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4D View Pro Reference ( 4D v19)