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4D v19
NPER
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NPER ( i , m , p {, f} ) | ||||||||
Parameter | Type | Description | ||||||
i | Number |
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The interest rate for a period | |||||
m | Number |
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The monthly payment paid at the end of the period (use a negative value). For acquired value: pass an empty parameter (see example) |
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p | Number |
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The current value of the loan | |||||
f | Number |
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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:
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
Product: 4D
Theme: 4D View Pro Formulas
4D View Pro Reference ( 4D v19)