VBA script that calculates the payback period

Caumba

New Member
Joined
Apr 16, 2010
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1
Hi, I am working on a Finance Mini Case and I am having trouble answering the question below. I would greatly appreciate any help anyone can offer. Thanks so much!
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Most spreadsheets do not have a built in formula to calculate the payback period. Write a VBA script that calculates the payback period for a project.
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.

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