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how to calculate the nper in excel. For multiple payments we assume periodic fixed payments and a fixed interest rate. NPER D9 0 D10 -D11 So in approximately 7 years your 900 will turn into 1800 if invested at an interest rate of 11 per annum.
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NPER in excel is one of the Financial functions in excel. NPER D9 0 D10 -D11 So in approximately 7 years your 900 will turn into 1800 if invested at an interest rate of 11 per annum. Author Curt Frye covers evaluating loan payments.
Formula PVrate nper pmt fv type The PV function uses the following arguments.
You can use the NPER function to get the number of payment periods for a loan given the amount the interest rate and periodic payment amount. Nper - the total number of payment periods. In this example well look at how to make a RATE formula in its simplest form to calculate interest rate in Excel. If you make monthly payments on the same loan then multiply the number of years by 12 and use 512 or 60 for nper.
