How to Use CUMPRINC() in Google Sheets

Description

Calculates the cumulative principal paid over a range of payment periods for an investment based on constant-amount periodic payments and a constant interest rate.

How To Actually Use CUMPRINC() in Sheets

CUMPRINC(rate, number_of_periods, present_value, first_period, last_period, end_or_beginning)

Try CUMPRINC yourself

In cells A1 to A5, enter the interest rate, number of periods, present value, first period, and last period respectively. Use the CUMPRINC formula in cell B1 to calculate the cumulative principal paid over the specified periods.

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