Advanced Excel – Financial Functions
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Excel Financial functions perform many of the common financial calculations, such as the calculation of yield, interest rates, duration, valuation and asset depreciation.
| S.No. | Function and Description |
|---|---|
| 1 | ACCRINT
Returns the accrued interest for a security that pays periodic interest |
| 2 | ACCRINTM
Returns the accrued interest for a security that pays interest at maturity |
| 3 | AMORDEGRC
Returns the depreciation for each accounting period |
| 4 | AMORLINC
Returns the depreciation for each accounting period (the depreciation coefficient depends on the life of the assets) |
| 5 | COUPDAYBS
Returns the number of days from the beginning of the coupon period to the settlement date |
| 6 | COUPDAYS
Returns the number of days in the coupon period that contains the settlement date |
| 7 | COUPDAYSNC
Returns the number of days from the settlement date to the next coupon date |
| 8 | COUPNCD
Returns the next coupon date after the settlement date |
| 9 | COUPNUM
Returns the number of coupons payable between the settlement date and maturity date |
| 10 | COUPPCD
Returns the previous coupon date before the settlement date |
| 11 | CUMIPMT
Returns the cumulative interest paid between two periods |
| 12 | CUMPRINC
Returns the cumulative principal paid on a loan between two periods |
| 13 | DB
Returns the depreciation of an asset for a specified period, using the fixed-declining-balance method |
| 14 | DDB
Returns the depreciation of an asset for a specified period, using the double-declining-balance method or some other method that you specify |
| 15 | DISC
Returns the discount rate for a security |
| 16 | DOLLARDE
Converts a dollar price, expressed as a fraction, into a dollar price, expressed as a decimal number |
| 17 | DOLLARFR
Converts a dollar price, expressed as a decimal number, into a dollar price, expressed as a fraction |
| 18 | DURATION
Returns the annual duration of a security with periodic interest payments |
| 19 | EFFECT
Returns the effective annual interest rate |
| 20 | FV
Returns the future value of an investment |
| 21 | FVSCHEDULE
Returns the future value of an initial principal after applying a series of compound interest rates |
| 22 | INTRATE
Returns the interest rate for a fully invested security |
| 23 | IPMT
Returns the interest payment for an investment for a given period |
| 24 | IRR
Returns the internal rate of return for a series of cash flows |
| 25 | ISPMT
Calculates the interest paid during a specific period of an investment |
| 26 | MDURATION
Returns the Macauley modified duration for a security with an assumed par value of $100 |
| 27 | MIRR
Returns the internal rate of return where positive and negative cash flows are financed at different rates |
| 28 | NOMINAL
Returns the annual nominal interest rate |
| 29 | NPER
Returns the number of periods for an investment |
| 30 | NPV
Returns the net present value of an investment based on a series of periodic cash flows and a discount rate |
| 31 | ODDFPRICE
Returns the price per $100 face value of a security with an odd first period |
| 32 | ODDFYIELD
Returns the yield of a security with an odd first period |
| 33 | ODDLPRICE
Returns the price per $100 face value of a security with an odd last period |
| 34 | ODDLYIELD
Returns the yield of a security with an odd last period |
| 35 | PDURATION
Returns the number of periods required by an investment to reach a specified value |
| 36 | PMT
Returns the periodic payment for an annuity |
| 37 | PPMT
Returns the payment on the principal for an investment for a given period |
| 38 | PRICE
Returns the price per $100 face value of a security that pays periodic interest |
| 39 | PRICEDISC
Returns the price per $100 face value of a discounted security |
| 40 | PRICEMAT
Returns the price per $100 face value of a security that pays interest at maturity |
| 41 | PV
Returns the present value of an investment |
| 42 | RATE
Returns the interest rate per period of an annuity |
| 43 | RECEIVED
Returns the amount received at maturity for a fully invested security |
| 44 | RRI
Returns an equivalent interest rate for the growth of an investment |
| 45 | SLN
Returns the straight-line depreciation of an asset for one period |
| 46 | SYD
Returns the sum-of-years’ digits depreciation of an asset for a specified period |
| 47 | TBILLEQ
Returns the bond-equivalent yield for a Treasury bill |
| 48 | TBILLPRICE
Returns the price per $100 face value for a Treasury bill |
| 49 | TBILLYIELD
Returns the yield for a Treasury bill |
| 50 | VDB
Returns the depreciation of an asset for a specified or partial period using a declining-balance method |
| 51 | XIRR
Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic |
| 52 | XNPV
Returns the net present value for a schedule of cash flows that is not necessarily periodic |
| 53 | YIELD
Returns the yield on a security that pays periodic interest |
| 54 | YIELDDISC
Returns the annual yield for a discounted security, for example, a Treasury bill |
| 55 | YIELDMAT
Returns the annual yield of a security that pays interest at maturity |
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