PV, NPER, PER and FV
Fred Smith wrote:
I can't help you with the NPER and PER, because I don't know what function you
are referring to.
However, it's easy to calculate the interest and principal portion using simple
math.
The principal is, of course, $5,097,000.
The interest is Total Payments - Principal, or 250000*32-5097000 = 2,903,000
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Regards,
Fred
"jIM" wrote in message
oups.com...
I am trying to simulate some market returns for a retirement investment
portfolio.
I have the PMT function working well.
example:
want income of $250,000, for 32 years, 3% withdraw rate, overall
portfolio value (PV) is $5,097,000.
This is only an estimate- the purpose was to find the aprox value of an
investment portfolio which would yield $250k of income.
On another spreadsheet I was trying to calculate an ammortization table
to know how much principal and how much interest makes up the
$5,100,000.
My confusion is with the NPER and PER inputs- what do these mean? Is
one the 32 years and the other which of the 32 years it's calculating?
I am using the IPMT function- what is difference between NPER and PER?
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