{{tag>Index Function Function_List Financial}}
====== NPER ====== 
===== Description =====  
Calculates total number of payment periods in an annuity 
===== Parameters =====  
  - Rate – interest rate per period (in percents, 50% is 0.5).
  - Payment – payment made each period
  - Future value (optional) – future value or the cash balance that is attained after the last payment is made. If omitted assumed to be 0
  - Present value (optional) – present value or the lump-sum amount that a series of future payments is worth right now. If omitted assumed to be 0
  - Type (optional) – indicates when payments are due. 0 or omitted – at the end of the period; 1 – at the start of the period
===== Example =====  
<code aim>NPER (0.08, 500, 0, 0, 0) </code>