This function returns the cumulative principal paid on a loan between the start and end periods.
CUMPRINC(rate,nper,pval,startperiod,endperiod,paytype)
This function has these arguments:
Argument | Description |
---|---|
rate | Interest rate |
nper | Total number of payment periods |
pval | Present value |
startperiod | Starting period |
endperiod | Ending period |
paytype | Type of payment timing; can be any of: |
0 - Payment at end of the period | |
1 - Payment at beginning of the period |
This functions returns a #NUM! error when rate, nper, or pval is negative or zero. Nper, startperiod, endperiod, and paytype are truncated to integers. If startperiod or endperiod is less than 1 or startperiod is greater than endperiod, a #NUM! error is returned. If paytype is a number other than 0 or 1, a #NUM! error is returned.
Accepts numeric and DateTime object data. Returns numeric data.
CUMPRINC(B2/12,B4*12,C4,14,20,0)
CUMPRINC(B2/12,B4*12,C4,14,20,0)