Without testing, try this
=NPV(C69/12,indirect("'Amort schedule'!F4:f"&LeaseTerm1+3))

--
Don Guillett
Microsoft MVP Excel
SalesAid Software

"Debbie Horner" wrote in message
...
Hi,

I am trying to use indirect as part of the NPV function for the variable
values to include as the calculation...I get a Value error..can this
function
only be used as part of a sum etc...my formula is as follows..
=NPV(C69/12,'Amort schedule'!F4:INDIRECT("f"&LeaseTerm1+3))

Thank you and happy new year!