Use: Required Data Type: Double The (Mac web hosting) payment to
Use: Required Data Type: Double The payment to be made each period. pv Use: Required Data Type: Double The present value of the series of future payments or receipts. fv Use: Optional Data Type: Double The future value of the series of payments or receipts. If omitted, the default value is 0. due Use: Optional Data Type: DueDate enumeration A value indicating when payments are due. DueDate.EndOfPeriod (0) indicates that payments are due at the end of the payment period; DueDate.BegOfPeriod (1) that payments are due at the beginning of the period. If omitted, the default value is 0. Return Value A Double indicating the number of payments Description Determines the number of payment periods for an annuity based on fixed periodic payments and a fixed interest rate Rules at a Glance rate is a percentage expressed as a decimal. For example, a monthly interest rate of 1% is expressed as 0.01. For pv and fv, cash paid out is represented by negative numbers; cash received is represented by positive numbers. Example Typically, the amount of time required to repay credit-card debt is never explicitly stated. The following program uses the NPer function to determine how much time is required to repay credit-card debt. Private Sub HowLongToPay( )
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