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nper
She has $20,000 to invest today at 9% to pay a debt of $47,347. How many
years will it take her to accumulate enough to liquidate the debt? I tried NPER and got an error. How do I use this function properly? |
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#2
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nper
On Sun, 25 Oct 2009 13:00:04 -0700, cdh625
wrote: She has $20,000 to invest today at 9% to pay a debt of $47,347. How many years will it take her to accumulate enough to liquidate the debt? I tried NPER and got an error. How do I use this function properly? Did you get the #NUM! error? If so, most likely you did not follow the conventions regarding SIGN of the data. In particular, PV and FV need to have different signs. =NPER(9%,0,-20000,47347) --ron |
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