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QuestionMaths behind CUMIPMT function of MS Excel Pin
Rupesh Kumar Swami21-Mar-09 21:30
Rupesh Kumar Swami21-Mar-09 21:30 
hi all,

Can anyone tell me the math behind this MS Excel functions. I am writing software for iPhone and I want to use the functionality like CUMIPMT function of Excel to calculate interest

CUMIPMT(rate,nper,pv,start_period,end_period,type) Returns the cumulative
interest paid on a loan between start_period and end_period.

CUMIPMT(rate,nper,pv,start_period,end_period,type)

Rate is the interest rate.
Nper is the total number of payment periods.
Pv is the present value.
Start_period is the first period in the calculation.
Payment periods are numbered beginning with 1.
End_period is the last period in the calculation.
Type is the timing of the payment.
Type Timing
0 (zero) Payment at the end of the period
1 Payment at the beginning of the period

Rupesh Kumar Swami
Software Developer,
Integrated Solution,
Bikaner (India)

My Company
Award: Best VB.NET article of June 2008: Create Column Charts Using OWC11

AnswerRe: Maths behind CUMIPMT function of MS Excel Pin
73Zeppelin21-Mar-09 23:50
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AnswerRe: Maths behind CUMIPMT function of MS Excel Pin
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GeneralRe: Maths behind CUMIPMT function of MS Excel Pin
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GeneralRe: Maths behind CUMIPMT function of MS Excel Pin
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GeneralRe: Maths behind CUMIPMT function of MS Excel Pin
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