O'Reilly logo

Microsoft® Excel® 2010 Formulas & Functions Inside Out by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and Jens Bock

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

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 ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required