Financial functions

How to use the TBILLYIELD function

The TBILLYIELD function calculates the yield for a Treasury bill. Formula in cell C6: =TBILLYIELD(C2,C3,C4) Excel Function Syntax TBILLYIELD(settlement, maturity, […]

How to use the DOLLARFR function

The DOLLARFR function converts a decimal number to its equivalent in fractional numbers, used in securities denominated in dollars. Excel […]

How to use the CUMIPMT function

The CUMIPMT function calculates the accumulated interest based on a start and end period on a loan. The image above shows […]

How to use the CUMPRINC function

The CUMPRINC function calculates the accumulated principal based on a start and end period on a loan. The image above shows […]

How to use the IPMT function

The IPMT function calculates the interest payment for a specific period for an investment based on repeated constant payments and a […]

How to use the PPMT function

The PPMT function calculates the principal payment for a specific period for an investment based on repeated constant payments and a […]

How to use the DB function

The DB function calculates the depreciation of an asset for a given period using the fixed-declining balance method. Formula in […]

How to use the PRICEMAT function

The PRICEMAT function calculates the price per $100 nominal value of a bond that pays interest at maturity. Formula in […]

How to use the PMT function

The PMT function returns the payment amount needed for borrowing a fixed sum of money based on constant payments and […]

How to use the PDURATION function

The PDURATION function calculates how many periods required by an investment to reach a given amount based on a percentage […]

How to use the NOMINAL function

The NOMINAL function calculates the nominal annual interest rate based on the effective rate and the number of compounding periods […]

How to use the ACCRINTM function

The ACCRINTM function calculates the accrued interest for a security that pays interest at maturity. Formula in cell C7: =ACCRINTM(C2,C3,C4,C5,C6) […]

How to use the ACCRINT function

The ACCRINT function calculates the accrued interest for a security that pays periodic interest. Formula in cell C9: =ACCRINT(C2,C3,C4,C5,C6,C7,C8) Excel […]

How to use the EFFECT function

The EFFECT function calculates the effective annual interest rate, given the nominal annual interest rate and the number of compounding […]

How to use the ISPMT function

The ISPMT calculates the interest paid during a specific period of an investment. Formula in cell B3: =ISPMT(0.1/12,1,4*12,10000) Excel Function […]

How to use the RATE function

The RATE function returns the interest rate per period of an annuity. Formula in cell E3: =RATE(B3,C3,D3) Excel Function Syntax […]

How to use the FV function

The FV function returns the future value of an investment based on a constant interest rate. You can use FV […]