Excel financial functions

Financial functions in Excel, explained with live examples.

55 financial functions in Excel — 3 documented in depth so far, the rest indexed below and landing every week.

Documented financial functions

Syntax, examples, and the equivalent — ready now.

All Excel financial functions

The full set — deep dives on the way.

ACCRINT: Returns the accrued interest for a security that pays periodic interest
ACCRINTM: Returns the accrued interest for a security that pays interest at maturity
AMORDEGRC: Returns the depreciation for each accounting period by using a depreciation coefficient
AMORLINC: Returns the depreciation for each accounting period
COUPDAYBS: Returns the number of days from the beginning of the coupon period to the settlement date
COUPDAYS: Returns the number of days in the coupon period that contains the settlement date
COUPDAYSNC: Returns the number of days from the settlement date to the next coupon date
COUPNCD: Returns the next coupon date after the settlement date
COUPNUM: Returns the number of coupons payable between the settlement date and maturity date
COUPPCD: Returns the previous coupon date before the settlement date
CUMIPMT: Returns the cumulative interest paid between two periods
CUMPRINC: Returns the cumulative principal paid on a loan between two periods
DB: Returns the depreciation of an asset for a specified period by using the fixed-declining balance method
DDB: 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: Returns the discount rate for a security
DOLLARDE: Converts a dollar price, expressed as a fraction, into a dollar price, expressed as a decimal number
DOLLARFR: Converts a dollar price, expressed as a decimal number, into a dollar price, expressed as a fraction
DURATION: Returns the annual duration of a security with periodic interest payments
EFFECT: Returns the effective annual interest rate
FV: Returns the future value of an investment
FVSCHEDULE: Returns the future value of an initial principal after applying a series of compound interest rates
INTRATE: Returns the interest rate for a fully invested security
IRR: Returns the internal rate of return for a series of cash flows
ISPMT: Calculates the interest paid during a specific period of an investment
MDURATION: Returns the Macauley modified duration for a security with an assumed par value of $100
MIRR: Returns the internal rate of return where positive and negative cash flows are financed at different rates
NOMINAL: Returns the annual nominal interest rate
NPER: Returns the number of periods for an investment
NPV: 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 first period
ODDFYIELD: Returns the yield of a security with an odd first period
ODDLPRICE: Returns the price per $100 face value of a security with an odd last period
ODDLYIELD: Returns the yield of a security with an odd last period
PDURATION: Returns the number of periods required by an investment to reach a specified value
PPMT: Returns the payment on the principal for an investment for a given period
PRICE: 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
PRICEMAT: Returns the price per $100 face value of a security that pays interest at maturity
RATE: Returns the interest rate per period of an annuity
RECEIVED: Returns the amount received at maturity for a fully invested security
RRI: Returns an equivalent interest rate for the growth of an investment
SLN: Returns the straight-line depreciation of an asset for one period
SYD: Returns the sum-of-years' digits depreciation of an asset for a specified period
TBILLEQ: Returns the bond-equivalent yield for a Treasury bill
TBILLPRICE: Returns the price per $100 face value for a Treasury bill
TBILLYIELD: Returns the yield for a Treasury bill
VDB: Returns the depreciation of an asset for a specified or partial period by using a declining balance method
XIRR: Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic
XNPV: Returns the net present value for a schedule of cash flows that is not necessarily periodic
YIELD: Returns the yield on a security that pays periodic interest
YIELDDISC: Returns the annual yield for a discounted security; for example, a Treasury bill
YIELDMAT: Returns the annual yield of a security that pays interest at maturity

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