CUMIPMT

Scripting Formulas Finance

FINANCE.CUMIPMT

FINANCE.CUMIPMT(rate, periods, value, first_period, last_period, end_or_start = 0)

Calculate the cumulative interest over a range of payment periods for an investment based on constant-amount periodic payments and a constant interest rate.

  • rate: Interest rate.
  • periods: Number of payments to be made.
  • value: Present value of the annuity.
  • first_period: Number of the payment period to begin the cumulative calculation. Must be greater than 1.
  • last_period: Number of the payment period to end the cumulative calculation. Must be greater than first_period.
  • end_or_beginning: Whether payments are due at the end (0) or the beginning (1) of each period.