nper function calculation

  • Thread starter Thread starter Guest
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Guest

Hi everyone, does anyone know the formulae behind the NPER function in excel
 
Hi. Given the equation for PV, and assuming type=0, then NPER equals:

=LN((pmt - fv*r_)/(pmt + pv*r_))/LN(1 + r_)
 
Hi Dana,

Hi. Given the equation for PV, and assuming type=0, then NPER equals:

=LN((pmt - fv*r_)/(pmt + pv*r_))/LN(1 + r_)
Sure it is pmt + pv*r_? I get pmt - pv*r_

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Tushar Mehta
www.tushar-mehta.com
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