PDURATION function
Returns the number of periods required by an investment to reach a specified value
Syntax
PDURATION(rate, pv, fv)Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| rate | Yes | Rate is the interest rate per period.2.5% |
| pv | Yes | Pv is the present value of the investment.2000 |
| fv | Yes | Fv is the desired future value of the investment.2200 |
Try PDURATION
Count periods needed for compound growth
=PDURATION(A2,B2,C2)Two periods at 10% grow 100 to 121. In general the period count is ln(future/present)/ln(1+rate), and need not be an integer.
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PDURATION · top-level call
=PDURATION(A2,B2,C2)Follow the cells behind a result
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Reference and compatibility
Univer 1.0.4 / Apache-2.0. Calculation checks cover the supplied examples only. The browser worksheet does not implement every Excel feature, external service or connected data type.