Excel Function : NPER

Download now!

Excel Function : NPER




Returns the number of periods for an investment

Microsoft Excel Reference Page


Syntax and Description of the NPER Excel Function


About NPER Excel Function

The NPER function calculates the number of periods for an investment based on periodic, constant payments and a constant interest rate. The syntax for the NPER function is as follows: =NPER(rate, pmt, pv, [fv], [type]) rate - The interest rate per period. pmt - The payment made each period; it cannot change over the life of the investment. pv - The present value, or the lump-sum amount that a series of future payments is worth now. fv - [Optional] The future value, or a cash balance you want to attain after the last payment is made. If omitted, N