Formulas > =PDURATION()
How to Use PDURATION() in Google Sheets
Description
How To Actually Use PDURATION() in Sheets
PDURATION(rate, present_value, future_value)
Try PDURATION yourself
In cells A1 to A3, enter the rate (0.05), present value (1000), and future value (2000) respectively. Use the PDURATION formula to calculate how many periods it will take for the investment to double in cell A4.
Hints (2)
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Make sure to reference the correct cells for rate, present value, and future value.
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Remember that the rate should be in decimal form.
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