CUMIPMT function
Summary
Returns the cumulative interest paid between two periods
Syntax
CUMIPMT(rate, nper, pv, start_period, end_period, type)
The CUMIPMT function syntax has the following arguments:
• Rate Required. The interest rate.
• Nper Required. The total number of payment periods.
• Pv Required. The present value.
• Start_period Required. The first period in the calculation. Payment periods are numbered beginning with 1.
• End_period Required. The last period in the calculation.
• Type Required. The timing of the payment.
Type | Timing
0 (zero) | Payment at the end of the period
1 | Payment at the beginning of the period
• Rate Required. The interest rate.
• Nper Required. The total number of payment periods.
• Pv Required. The present value.
• Start_period Required. The first period in the calculation. Payment periods are numbered beginning with 1.
• End_period Required. The last period in the calculation.
• Type Required. The timing of the payment.
Type | Timing
0 (zero) | Payment at the end of the period
1 | Payment at the beginning of the period
Example
=CUMIPMT(A2/12,A3*12,A4,13,24,0)
=CUMIPMT(A2/12,A3*12,A4,1,1,0)
=CUMIPMT(A2/12,A3*12,A4,1,1,0)