WorksheetFunction.NPer(Double, Double, Double, Object, Object) Method
Definition
Important
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Returns the number of periods for an investment based on periodic, constant payments and a constant interest rate.
public double NPer (double Arg1, double Arg2, double Arg3, object Arg4, object Arg5);Public Function NPer (Arg1 As Double, Arg2 As Double, Arg3 As Double, Optional Arg4 As Object, Optional Arg5 As Object) As DoubleParameters
- Arg1
- Double
Rate - the interest rate per period.
- Arg2
- Double
Pmt - the payment made each period; it cannot change over the life of the annuity. Typically, pmt contains principal and interest but no other fees or taxes.
- Arg3
- Double
Pv - the present value, or the lump-sum amount that a series of future payments is worth right now.
- Arg4
- Object
Fv - the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0).
- Arg5
- Object
Type - the number 0 or 1 and indicates when payments are due.
Returns
Remarks
| 0 or omitted | At the end of the period |
| 1 | At the beginning of the period |