CUMPRINC()

Syntax. CUMPRINC(Rate,Nper,Pv,Start_Period,End_Period,Type)

Definition. This function calculates the part of the repayment that is paid between two points in time when a loan is repaid as an annuity loan.

Arguments

  • Rate (required) The nominal interest of the loan.

  • Nper (required) Specifies the total number of periods in which the loan is repaid.

  • Pv (required) Contains the loan amount.

  • Start_Period (required) The first period of the calculation.

  • End_Period (required) The last period.

  • Type (required) With the (by way of exception, required) maturity argument Type, you can specify whether the payments become interest effective at the start of the periods (Type = 1) or at the end of the periods (Type = 0).

If the values of function arguments (which ...

Get Microsoft® Excel® 2010 Formulas & Functions Inside Out now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial