[4] NPER (Number of Periods,n) NPER(rate,pmt,Pv,Fv,type) NPER(i%,A,Pv, Fv) Problem:: i= 0.25% per month, A=$ 250, Pv=$ 3000, Fv=$15000 & type: payments are made at the end of a period. Find the number of payments (n)? F=$ 15000 i=0.25% n= ? Months A= $250 P=$3000 Also use the following equations to find the number of payments (Hand calculations & Excel sheet). F=P(1+i)" & (1+i)*-1 15. F, = A Ans. 44