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#1
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I need a formula to calculate the number of months it will take to pay off a
loan, given interest rate, balance and the amount of payments. |
#2
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Look in HELP for the NPER() function
Make sure you use monthly rate if you require number of months -- Kind regards, Niek Otten Microsoft MVP - Excel "kv" wrote in message ... I need a formula to calculate the number of months it will take to pay off a loan, given interest rate, balance and the amount of payments. |
#3
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There are tons of free templates at:
http://office.microsoft.com/en-us/default.aspx kv wrote: I need a formula to calculate the number of months it will take to pay off a loan, given interest rate, balance and the amount of payments. -- Dave Peterson |
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