Excel

PDURATION: Excel Formulae Explained

How do you use PDURATION in Excel?

PDURATION is a function in Excel that calculates the number of days, weeks, months, or years between two dates. The function can be used to calculate the duration of a project, the time between two events, or the age of a person. The PDURATION function can be used in a variety of ways, including the following examples:

-To calculate the number of days between two dates, use the following formula:=PDURATION(B2,D2)

-To calculate the number of weeks between two dates, use the following formula:=PDURATION(B2,D2)/7

-To calculate the number of months between two dates, use the following formula:=PDURATION(B2,D2)/30

-To calculate the number of years between two dates, use the following formula:=PDURATION(B2,D2)/365

What is the syntax of PDURATION in Excel?

The syntax for PDURATION in Excel is as follows:

=PDURATION(start_date, end_date)

This function calculates the number of days, hours, minutes, and seconds between the two given dates.

What is an example of how to use PDURATION in Excel?

The Excel PDURATION function calculates the number of periods required to pay off a loan or debt. The function takes four arguments: the loan amount, the annual interest rate, the monthly payment, and the number of payments per year. The function returns the number of periods required to pay off the loan.

When should you not use PDURATION in Excel?

There are a few instances when you should not use PDURATION in Excel. One instance is when you are working with dates that are in a different format than the default date format in Excel. In this case, you can use the DATEVALUE function to convert the date to the default date format in Excel. Another instance is when you are working with a range of dates that is not in chronological order. In this case, you can use the INDEX function to return the value of the date that you need.

What are some similar formulae to PDURATION in Excel?

The Excel function PDURATION calculates the number of periods required to pay off a loan or investment. The function takes the following arguments:

PV - the present value of the investment

PMT - the amount of the payment

RATE - the annual interest rate

NPER - the number of periods

The function returns the number of periods required to pay off the loan or investment.

Some similar formulae to PDURATION in Excel include the following:

NPER - the number of periods

PV - the present value of the investment

PMT - the amount of the payment

RATE - the annual interest rate

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