Syntax
=PDURATION(rate, pv, fv)Arguments
| Argument | Required | Description |
|---|---|---|
rate | Required | The interest rate per period |
pv | Required | The present value |
fv | Required | The value wanted |
How to use PDURATION
PDURATION takes 3 required arguments. Type =PDURATION( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.
Examples
Each result below was calculated by the SheetsBat formula engine.
=PDURATION(2.5%, 2000, 2200)Result =PDURATION(0.025/12, 1000, 1200)Result Related financial functions
- ODDFPRICEReturns the price per 100 face value of a security with an odd (short or long) first period.
- ODDFYIELDReturns the yield of a security with an odd (short or long) first period.
- ODDLPRICEReturns the price per 100 face value of a security with an odd (short or long) last period.
- ODDLYIELDReturns the yield of a security with an odd (short or long) last period.
- PMTReturns the payment per period of a loan or investment with a constant rate and constant payments.
- PPMTReturns the principal part of one payment of a loan or investment.
- PRICEReturns the price per 100 face value of a security that pays periodic interest.
- PRICEDISCReturns the price per 100 face value of a discounted security.
- PRICEMATReturns the price per 100 face value of a security that pays interest at maturity.