Use the NPER function to calculate the number of periods

Use the NPER function to calculate the number of periods

Use the NPER function to calculate the number of periods

Syntax: NPER(rate, pmt, pv, [fv], [type])

Step 1: Define the interest rate, payment, present value, and optionally future value and payment type.

Step 2: Enter the formula in a cell and press Enter.

For all things Strategy, Management Theories, and Business Frameworks, please visit https://www.stratrix.com