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how to use nper formula in excel. Entered as part of a formula in a cell of a worksheet Visual Basic Editor VBA function. NPER interest_rate payment PV FV Type Parameters or Arguments interest_rate The interest rate for the.
Therefore the rate would be 1. PMT rate nper pv fv type rate The interest rate per period. How to use the Excel NPER function to Get number of periods for loan or investment.
If you make monthly payments on a four-year loan at 12 percent annual interest use 1212 for rate and 412 for nper.
Use NPER in macro code. As the monthly payments are paid out they are entered into the function as negative values. Use NPER in macro code. As the monthly interest rate was put in the Excel NPER function the result.