FormulaCamp
Completed
← Google Sheets functions
Google Sheets function

NPER in Google Sheets

NPER with worked examples you can test in the live grid. The argument details are in the Excel guide.

In Google Sheets

The arguments and common errors are covered in the NPER Excel guide; check the function help in Google Sheets for its own argument list.

Worked examples in Google Sheets

Months to repay a loan

ABC
1RatePaymentLoan
20.0640020000

Formula: E2: =ROUND(NPER(A2/12,-B2,C2),1)

Result: 57.7

It takes about 57.7 months, so the 58th payment is a small one.

Years for money to double

A
1Rate
20.05

Formula: C2: =ROUND(NPER(A2,0,-1000,2000),2)

Result: 14.21

With no payments, 1,000 doubles to 2,000 after about 14.21 years at 5%.

Months to reach a savings goal

ABC
1RateDepositGoal
20.0550030000

Formula: E2: =ROUND(NPER(A2/12,-B2,0,C2),1)

Result: 53.7

Depositing 500 a month at 5% reaches 30,000 in about 53.7 months.

Try it

A tiny spreadsheet with example data. Edit the formula or any number and see the result.

Formula in D2: =NPER(1%,-300,5000)

Example spreadsheet for NPER
ABCD
1YearCash flowResult
20-1000018.3231652781
313000
424000
534500
642500
Result in D2: 18.3231652781
Practice this in a lesson: RATE, NPER and XIRR

Google Sheets is used here only as a descriptive product name. FormulaCamp is not affiliated with Google.