Excel Spreadsheets Financial Functions

Functions What it Does

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

If you are using a version of Excel earlier than 2007 you need to activate the "Excel Analysis
Toolpack" to make some of the functions above available.