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Shaz Shaz is offline
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Default nper function calculation

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

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

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HTH. :)
Dana DeLouis
Windows XP, Office 2003


"bigfella" wrote in message
...
Hi everyone, does anyone know the formulae behind the NPER function in
excel