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Tushar Mehta Tushar Mehta is offline
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Default nper function calculation

Hi Dana,

In article ,
says...
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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