CUMPRINC

Function Type: Financial

Description:

Returns the cumulative principal paid on a loan between two periods.

Function Structure:

=CUMPRINC(rate, nper, pv, start_period, end_period, type).

Argument Breakdown:

rate – The interest rate per period.

nper – The total number of payments for the loan.

pv – The present value, or total value of all payments now.

start_period – First payment in calculation.

end_period – Last payment in calculation.

type – The timing of the payment.

Example:

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