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easyMCQCUET Accountancy 2025 27 May Shift 22026Accountancy
1 mark

______ is the total number of payment periods in an annuity in a financial function.

  1. A
    pmt
  2. B
    ppmt
  3. C
    nper
  4. D
    rate

Solution & Step-by-step Explanation

In financial formulas, nper stands for the "number of periods," representing the total count of payment periods throughout the entire lifespan of the loan or investment annuity.

Practice this question

Try it yourself before checking the explanation above.

______ is the total number of payment periods in an annuity in a financial function.
A
pmt
B
ppmt
C
nper
D
rate

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