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how to calculate the nper in excel. NPER is an Excel function that finds out the number of payments in a finite stream of equidistant equal cash flow of amount PMT given a single value PV at t0 andor a single value FV at the end of the stream of cash flows. Rate required argument The interest rate per compounding period.
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About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy Safety How YouTube works Test new features Press Copyright Contact us Creators. If you make monthly payments on the same loan then multiply the number of years by 12 and use 512 or 60 for nper. 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.
Use this formula to calculate the number of months remaining after the whole years. Nper - the total number of payment periods. In either case were taking the number of periods returned by NPER dividing it by 12 and then truncating the decimal places. This course was recorded in Office 365 but anyone using a recent version of Excelincluding 2019 2016 and some earlier versionswill be able to.
