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Functions

The document provides a comprehensive list of financial functions along with their descriptions, which are used for various calculations related to securities, investments, and loans. Functions include calculating accrued interest, depreciation, future value, net present value, and yields among others. Each function is designed to assist in financial analysis and decision-making.

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Sam Sun
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1 views3 pages

Functions

The document provides a comprehensive list of financial functions along with their descriptions, which are used for various calculations related to securities, investments, and loans. Functions include calculating accrued interest, depreciation, future value, net present value, and yields among others. Each function is designed to assist in financial analysis and decision-making.

Uploaded by

Sam Sun
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Function Description

ACCRINT Returns the accrued interest for a security that pays periodic
function interest
ACCRINTM Returns the accrued interest for a security that pays interest
function at maturity
AMORDEGRC Returns the depreciation for each accounting period by using a
function depreciation coefficient
AMORLINC Returns the depreciation for each accounting period
function
COUPDAYBS Returns the number of days from the beginning of the coupon
function period to the settlement date
COUPDAYS Returns the number of days in the coupon period that contains
function the settlement date
COUPDAYSNC Returns the number of days from the settlement date to the
function next coupon date
COUPNCD Returns the next coupon date after the settlement date
function
COUPNUM Returns the number of coupons payable between the
function settlement date and maturity date
COUPPCD Returns the previous coupon date before the settlement date
function
CUMIPMT Returns the cumulative interest paid between two periods
function
CUMPRINC Returns the cumulative principal paid on a loan between two
function periods
DB function Returns the depreciation of an asset for a specified period by
using the fixed-declining balance method
DDB function Returns the depreciation of an asset for a specified period by
using the double-declining balance method or some other
method that you specify
DISC function Returns the discount rate for a security
DOLLARDE Converts a dollar price, expressed as a fraction, into a dollar
function price, expressed as a decimal number
DOLLARFR Converts a dollar price, expressed as a decimal number, into a
function dollar price, expressed as a fraction
DURATION Returns the annual duration of a security with periodic interest
function payments
EFFECT function Returns the effective annual interest rate
FV function Returns the future value of an investment
FVSCHEDULE Returns the future value of an initial principal after applying a
function series of compound interest rates
INTRATE Returns the interest rate for a fully invested security
function
Function Description
IPMT function Returns the interest payment for an investment for a given
period
IRR function Returns the internal rate of return for a series of cash flows
ISPMT function Calculates the interest paid during a specific period of an
investment
MDURATION Returns the Macauley modified duration for a security with an
function assumed par value of $100
MIRR function Returns the internal rate of return where positive and negative
cash flows are financed at different rates
NOMINAL Returns the annual nominal interest rate
function
NPER function Returns the number of periods for an investment
NPV function Returns the net present value of an investment based on a
series of periodic cash flows and a discount rate
ODDFPRICE Returns the price per $100 face value of a security with an odd
function first period
ODDFYIELD Returns the yield of a security with an odd first period
function
ODDLPRICE Returns the price per $100 face value of a security with an odd
function last period
ODDLYIELD Returns the yield of a security with an odd last period
function
PDURATION Returns the number of periods required by an investment to
function reach a specified value

PMT function Returns the periodic payment for an annuity


PPMT function Returns the payment on the principal for an investment for a
given period
PRICE function Returns the price per $100 face value of a security that pays
periodic interest
PRICEDISC Returns the price per $100 face value of a discounted security
function
PRICEMAT Returns the price per $100 face value of a security that pays
function interest at maturity
PV function Returns the present value of an investment
RATE function Returns the interest rate per period of an annuity
RECEIVED Returns the amount received at maturity for a fully invested
function security
RRI function Returns an equivalent interest rate for the growth of an
investment
SLN function Returns the straight-line depreciation of an asset for one
period
Function Description
SYD function Returns the sum-of-years' digits depreciation of an asset for a
specified period
TBILLEQ Returns the bond-equivalent yield for a Treasury bill
function
TBILLPRICE Returns the price per $100 face value for a Treasury bill
function
TBILLYIELD Returns the yield for a Treasury bill
function
VDB function Returns the depreciation of an asset for a specified or partial
period by using a declining balance method
XIRR function Returns the internal rate of return for a schedule of cash flows
that is not necessarily periodic
XNPV function Returns the net present value for a schedule of cash flows that
is not necessarily periodic
YIELD function Returns the yield on a security that pays periodic interest
YIELDDISC Returns the annual yield for a discounted security; for
function example, a Treasury bill
YIELDMAT Returns the annual yield of a security that pays interest at
function maturity

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