The PDURATION function is one of the financial functions. It is used to calculate the number of periods required by an investment to reach a specified value.
Syntax
PDURATION(rate, pv, fv)
The PDURATION function has the following arguments:
Argument
Description
rate
The interest rate per period.
pv
The present value of the investment.
fv
The desired future value of the investment.
Notes
All arguments must be represented by positive numbers.