## NPER function: Description, Usage, Syntax, Examples and Explanation

What is NPER function in Excel? NPER function is one of the Financial functions in Microsoft Excel that returns the number of periods for an investment based on periodic, constant payments and a constant interest rate. Syntax of NPER function NPER(rate,pmt,pv,[fv],[type]) The NPER function syntax has the following arguments: Rate: The interest rate per period. Pmt: …