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ISPMT

 
Category: Financial Function.
 
Description: Calculates the interest paid during a specific period of an investment.
 
Syntax: ISPMT(rate, per, nper, pv)
 
The ISPMT function syntax has the following arguments:
 
Rate: interest rate for the investment.
 
Per: period for which you want to find the interest, and must be between 1 and nper.
 
Nper: total number of payment periods for the investment.
 
Pv: present value of the investment.