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ACCRINT

Returns the accrued interest for a security that pays periodic interest.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

Basis Day count basis0 or omitted US (NASD) 30/360

1 Actual/actual2 Actual/3603 Actual/3654 European 30/360

Remarks

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.Issue, first_interest, settlement, frequency, and basis are truncated to integers.If issue, first_interest, or settlement is not a valid date, ACCRINT returns the #VALUE! error value.If rate ≤ 0 or if par ≤ 0, ACCRINT returns the #NUM! error value.If frequency is any number other than 1, 2, or 4, ACCRINT returns the #NUM! error value.If basis < 0 or if basis > 4, ACCRINT returns the #NUM! error value.If issue ≥ settlement, ACCRINT returns the #NUM! error value.

ACCRINT(issue,first_interest,settlement,rate,par,frequency,basis)

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Issue    is the security's issue date.

First_interest    is the security's first interest date.

Settlement    is the security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.

Rate    is the security's annual coupon rate.

Par    is the security's par value. If you omit par, ACCRINT uses $1,000.

Frequency    is the number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4.

Basis    is the type of day count basis to use.

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ACCRINT is calculated as follows:

where:

Ai = number of accrued days for the ith quasi-coupon period within odd period.

NC = number of quasi-coupon periods that fit in odd period. If this number contains a fraction, raise it to the next whole number.

NLi = normal length in days of the ith quasi-coupon period within odd period.

Example

Data Description1 1-Mar-08 Issue date2 31-Aug-08 First interest date3 1-May-08 Settlement date4 10.00% Coupon rate5 1,000 Par value6 2 Frequency is semiannual (see above)7 0 30/360 basis (see above)

Formula Description (Result)

16.6666666666667

15.5555555555556

=ACCRINT(B66,B67,B68,B69,B70,B71,B72)

=ACCRINT(DATE(2008,3,5),B67,B68,B69,B70,B71,B72)

Accrued interest for a treasury bond with the terms above (16.66666667)

Accrued interest with the terms above, except the issue date is March 5, 2008. (15.55555556)

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

ACCRINTMReturns the accrued interest for a security that pays interest at maturity.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

ACCRINTM(issue,maturity,rate,par,basis)

Basis Day count basis0 or omitted US (NASD) 30/360

1 Actual/actual2 Actual/3603 Actual/3654 European 30/360

Remarks

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.Issue, settlement, and basis are truncated to integers.If issue or settlement is not a valid date, ACCRINTM returns the #VALUE! error value.If rate ≤ 0 or if par ≤ 0, ACCRINTM returns the #NUM! error value.If basis < 0 or if basis > 4, ACCRINTM returns the #NUM! error value.If issue ≥ settlement, ACCRINTM returns the #NUM! error value.ACCRINTM is calculated as follows:

where:

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Issue    is the security's issue date.

Maturity    is the security's maturity date.

Rate    is the security's annual coupon rate.

Par    is the security's par value. If you omit par, ACCRINTM uses $1,000.

Basis    is the type of day count basis to use.

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A = Number of accrued days counted according to a monthly basis. For interest at maturity items, the number of days from the issue date to the maturity date is used.

D = Annual Year Basis.

Example

The example may be easier to understand if you copy it to a blank worksheet.

Data Description1 1-Apr-08 Issue date2 15-Jun-08 Maturity date3 10.00% Percent coupon4 $1,000 Par value5 3 Actual/365 basis (see above)

Formula Description (Result)

20.5479452054795 The accrued interest for the terms above (20.54795)

=ACCRINTM(B62,B63,B64,B65,B66)

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

AMORDEGRC

Returns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account. The function is similar to AMORLINC, except that a depreciation coefficient is applied in the calculation depending on the life of the assets.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

Basis Date system

0 or omitted1 Actual3 365 days in a year

4

Remarks

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.This function will return the depreciation until the last period of the life of the assets or until the cumulated value of depreciation is greater than the cost of the assets minus the salvage value.The depreciation coefficients are:

AMORDEGRC(cost,date_purchased,first_period,salvage,period,rate,basis)

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Cost    is the cost of the asset.

Date_purchased    is the date of the purchase of the asset.

First_period    is the date of the end of the first period.

Salvage    is the salvage value at the end of the life of the asset.

Period    is the period.

Rate    is the rate of depreciation.

Basis    is the year basis to be used.

360 days (NASD method)

360 days in a year (European method)

Life of assets (1/rate)

Depreciation coefficient

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1.5

2

2.5The depreciation rate will grow to 50 percent for the period preceding the last period and will grow to 100 percent for the last period.If the life of assets is between 0 (zero) and 1, 1 and 2, 2 and 3, or 4 and 5, the #NUM! error value is returned.

Example

Data Description

Between 3 and 4 years

Between 5 and 6 years

More than 6 years

Returns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account. The function is similar to AMORLINC, except that a depreciation coefficient is applied in the calculation depending on the life of the assets.

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.This function will return the depreciation until the last period of the life of the assets or until the cumulated value of depreciation is greater than the cost of the assets minus the salvage value.

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

AMORLINCReturns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

AMORLINC(cost,date_purchased,first_period,salvage,period,rate,basis)

Basis Date system

0 or omitted1 Actual3 365 days in a year

4

Remark

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.

Example

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Cost    is the cost of the asset.

Date_purchased    is the date of the purchase of the asset.

First_period    is the date of the end of the first period.

Salvage    is the salvage value at the end of the life of the asset.

Period    is the period.

Rate    is the rate of depreciation.

Basis    is the year basis to be used.

360 days (NASD method)

360 days in a year (European method)

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Returns the depreciation for each accounting period. This function is provided for the French accounting system. If an asset is purchased in the middle of the accounting period, the prorated depreciation is taken into account.

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

COUPDAYBSReturns the number of days from the beginning of the coupon period to the settlement date.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

Basis Day count basis0 or omitted US (NASD) 30/360

1 Actual/actual2 Actual/3603 Actual/3654 European 30/360

Remarks

Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.The settlement date is the date a buyer purchases a coupon, such as a bond. The maturity date is the date when a coupon expires. For example, suppose a 30-year bond is issued on January 1, 2008, and is purchased by a buyer six months later. The issue date would be January 1, 2008, the settlement date would be July 1, 2008, and the maturity date would be January 1, 2038, 30 years after the January 1, 2008, issue date.All arguments are truncated to integers.

COUPDAYBS(settlement,maturity,frequency,basis)

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Settlement    is the security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.

Maturity    is the security's maturity date. The maturity date is the date when the security expires.

Frequency    is the number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4.

Basis    is the type of day count basis to use.

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Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the Macintosh uses a different date system as its default.The settlement date is the date a buyer purchases a coupon, such as a bond. The maturity date is the date when a coupon expires. For example, suppose a 30-year bond is issued on January 1, 2008, and is purchased by a buyer six months later. The issue date would be January 1, 2008, the settlement date would be July 1, 2008, and the maturity date would be January 1, 2038, 30 years after the January 1, 2008, issue date.

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

COUPDAYSReturns the number of days in the coupon period that contains the settlement date.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

COUPDAYS(settlement,maturity,frequency,basis)

Basis Day count basis0 or omitted US (NASD) 30/360

1 Actual/actual2 Actual/3603 Actual/3654 European 30/360

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Settlement    is the security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.

Maturity    is the security's maturity date. The maturity date is the date when the security expires.

Frequency    is the number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4.

Basis    is the type of day count basis to use.

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Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

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COUPDAYSNCReturns the number of days from the settlement date to the next coupon date.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

COUPDAYSNC(settlement,maturity,frequency,basis)

Basis Day count basis0 or omitted US (NASD) 30/360

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Settlement    is the security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.

Maturity    is the security's maturity date. The maturity date is the date when the security expires.

Frequency    is the number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4.

Basis    is the type of day count basis to use.

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

COUPNCDReturns a number that represents the next coupon date after the settlement date.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

COUPNCD(settlement,maturity,frequency,basis)

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Settlement    is the security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.

Maturity    is the security's maturity date. The maturity date is the date when the security expires.

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Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

COUPNUMReturns the number of coupons payable between the settlement date and maturity date, rounded up to the nearest whole coupon.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Syntax

COUPNUM(settlement,maturity,frequency,basis)

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COUPPCDReturns a number that represents the previous coupon date before the settlement date.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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CUMIPMTReturns the cumulative interest paid on a loan between start_period and end_period.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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CUMPRINCReturns the cumulative principal paid on a loan between start_period and end_period.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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DBReturns the depreciation of an asset for a specified period using the fixed-declining balance method.

Syntax

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DDBReturns the depreciation of an asset for a specified period using the double-declining balance method or some other method you specify.

Syntax

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DISCReturns the discount rate for a security.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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DOLLARDEConverts a dollar price expressed as a fraction into a dollar price expressed as a decimal number. Use DOLLARDE to convert fractional dollar numbers, such as securities prices, to decimal numbers.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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Converts a dollar price expressed as a fraction into a dollar price expressed as a decimal number. Use DOLLARDE to convert fractional dollar numbers, such as securities prices, to decimal numbers.

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DOLLARFRConverts a dollar price expressed as a decimal number into a dollar price expressed as a fraction. Use DOLLARFR to convert decimal numbers to fractional dollar numbers, such as securities prices.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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Converts a dollar price expressed as a decimal number into a dollar price expressed as a fraction. Use DOLLARFR to convert decimal numbers to fractional dollar numbers, such as securities prices.

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DURATIONReturns the Macauley duration for an assumed par value of $100. Duration is defined as the weighted average of the present value of the cash flows and is used as a measure of a bond price's response to changes in yield.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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Returns the Macauley duration for an assumed par value of $100. Duration is defined as the weighted average of the present value of the cash flows and is used as a measure of a bond price's response to changes in yield.

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EFFECTReturns the effective annual interest rate, given the nominal annual interest rate and the number of compounding periods per year.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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FVReturns the future value of an investment based on periodic, constant payments and a constant interest rate.

Syntax

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FVSCHEDULEReturns the future value of an initial principal after applying a series of compound interest rates. Use FVSCHEDULE to calculate the future value of an investment with a variable or adjustable rate.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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Returns the future value of an initial principal after applying a series of compound interest rates. Use FVSCHEDULE to calculate the future value of an investment with a variable or adjustable rate.

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INTRATEReturns the interest rate for a fully invested security.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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IPMTReturns the interest payment for a given period for an investment based on periodic, constant payments and a constant interest rate. For a more complete description of the arguments in IPMT and for more information about annuity functions, see PV.

Syntax

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Returns the interest payment for a given period for an investment based on periodic, constant payments and a constant interest rate. For a more complete description of the arguments in IPMT and for more information about annuity functions, see PV.

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IRRReturns the internal rate of return for a series of cash flows represented by the numbers in values. These cash flows do not have to be even, as they would be for an annuity. However, the cash flows must occur at regular intervals, such as monthly or annually. The internal rate of return is the interest rate received for an investment consisting of payments (negative values) and income (positive values) that occur at regular periods.

Syntax

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Returns the internal rate of return for a series of cash flows represented by the numbers in values. These cash flows do not have to be even, as they would be for an annuity. However, the cash flows must occur at regular intervals, such as monthly or annually. The internal rate of return is the interest rate received for an investment consisting of payments (negative values) and income (positive values) that occur at regular periods.

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ISPMTCalculates the interest paid during a specific period of an investment. This function is provided for compatibility with Lotus 1-2-3.

Syntax

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MDURATIONReturns the modified Macauley duration for a security with an assumed par value of $100.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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MIRRReturns the modified internal rate of return for a series of periodic cash flows. MIRR considers both the cost of the investment and the interest received on reinvestment of cash.

Syntax

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NOMINALReturns the nominal annual interest rate, given the effective rate and the number of compounding periods per year.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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NPERReturns the number of periods for an investment based on periodic, constant payments and a constant interest rate.

Syntax

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ODDFPRICEReturns the price per $100 face value of a security having an odd (short or long) first period.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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ODDFYIELDReturns the yield of a security that has an odd (short or long) first period.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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ODDLPRICEReturns the price per $100 face value of a security having an odd (short or long) last coupon period.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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ODDLYIELDReturns the yield of a security that has an odd (short or long) last period.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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PMTCalculates the payment for a loan based on constant payments and a constant interest rate.

Syntax

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PPMTReturns the payment on the principal for a given period for an investment based on periodic, constant payments and a constant interest rate.

Syntax

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PRICEReturns the price per $100 face value of a security that pays periodic interest.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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PRICEDISCReturns the price per $100 face value of a discounted security.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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PRICEMATReturns the price per $100 face value of a security that pays interest at maturity.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

PVReturns the present value of an investment. The present value is the total amount that a series of future payments is worth now. For example, when you borrow money, the loan amount is the present value to the lender.

Syntax

ACCRINT

ACCRINT

ACCRINTM

ACCRINTM

AMORDEGRC

AMORDEGRC

AMORLINC

AMORLINC

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Returns the present value of an investment. The present value is the total amount that a series of future payments is worth now. For example, when you borrow money, the loan amount is the present value to the lender.

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RATEReturns the interest rate per period of an annuity. RATE is calculated by iteration and can have zero or more solutions. If the successive results of RATE do not converge to within 0.0000001 after 20 iterations, RATE returns the #NUM! error value.

Syntax

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Returns the interest rate per period of an annuity. RATE is calculated by iteration and can have zero or more solutions. If the successive results of RATE do not converge to within 0.0000001 after 20 iterations, RATE returns the #NUM! error value.

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RECEIVEDReturns the amount received at maturity for a fully invested security.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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SLNReturns the straight-line depreciation of an asset for one period.

Syntax

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SYDReturns the sum-of-years' digits depreciation of an asset for a specified period.

Syntax

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TBILLEQReturns the bond-equivalent yield for a Treasury bill.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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TBILLPRICEReturns the price per $100 face value for a Treasury bill.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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TBILLYIELDReturns the yield for a Treasury bill.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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VDBReturns the depreciation of an asset for any period you specify, including partial periods, using the double-declining balance method or some other method you specify. VDB stands for variable declining balance.

Syntax

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Returns the depreciation of an asset for any period you specify, including partial periods, using the double-declining balance method or some other method you specify. VDB stands for variable declining balance.

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XIRRReturns the internal rate of return for a schedule of cash flows that is not necessarily periodic. To calculate the internal rate of return for a series of periodic cash flows, use the IRR function.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic. To calculate the internal rate of return for a series of periodic cash flows, use the IRR function.

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XNPVReturns the net present value for a schedule of cash flows that is not necessarily periodic. To calculate the net present value for a series of cash flows that is periodic, use the NPV function.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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Returns the net present value for a schedule of cash flows that is not necessarily periodic. To calculate the net present value for a series of cash flows that is periodic, use the NPV function.

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YIELDReturns the yield on a security that pays periodic interest. Use YIELD to calculate bond yield.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

www.sanketham.tk

www.sanketham.tk

YIELDDISCReturns the annual yield for a discounted security.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

www.sanketham.tk

www.sanketham.tk

YIELDMATReturns the annual yield of a security that pays interest at maturity.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

www.sanketham.tk

www.sanketham.tk

Financial functionsFunction

ACCRINTACCRINTMAMORDEGRCAMORLINCCOUPDAYBSCOUPDAYSCOUPDAYSNCCOUPNCDCOUPNUMCOUPPCDCUMIPMTCUMPRINCDB

DDBDISCDOLLARDEDOLLARFRDURATIONEFFECTFVFVSCHEDULEINTRATEIPMTIRRISPMTMDURATIONMIRRNOMINALNPERNPVODDFPRICEODDFYIELDODDLPRICEODDLYIELDPMTPPMTPRICEPRICEDISCPRICEMATPVRATERECEIVEDSLNSYDTBILLEQTBILLPRICETBILLYIELDVDBXIRR

XNPVYIELDYIELDDISCYIELDMAT

Financial functionsDescription

Returns the accrued interest for a security that pays periodic interestReturns the accrued interest for a security that pays interest at maturityReturns the depreciation for each accounting period by using a depreciation coefficientReturns the depreciation for each accounting periodReturns the number of days from the beginning of the coupon period to the settlement dateReturns the number of days in the coupon period that contains the settlement dateReturns the number of days from the settlement date to the next coupon dateReturns the next coupon date after the settlement dateReturns the number of coupons payable between the settlement date and maturity dateReturns the previous coupon date before the settlement dateReturns the cumulative interest paid between two periodsReturns the cumulative principal paid on a loan between two periodsReturns the depreciation of an asset for a specified period by using the fixed-declining balance method

Returns the discount rate for a securityConverts a dollar price, expressed as a fraction, into a dollar price, expressed as a decimal numberConverts a dollar price, expressed as a decimal number, into a dollar price, expressed as a fractionReturns the annual duration of a security with periodic interest paymentsReturns the effective annual interest rateReturns the future value of an investmentReturns the future value of an initial principal after applying a series of compound interest ratesReturns the interest rate for a fully invested securityReturns the interest payment for an investment for a given periodReturns the internal rate of return for a series of cash flowsCalculates the interest paid during a specific period of an investmentReturns the Macauley modified duration for a security with an assumed par value of $100Returns the internal rate of return where positive and negative cash flows are financed at different ratesReturns the annual nominal interest rateReturns the number of periods for an investmentReturns the net present value of an investment based on a series of periodic cash flows and a discount rateReturns the price per $100 face value of a security with an odd first periodReturns the yield of a security with an odd first periodReturns the price per $100 face value of a security with an odd last periodReturns the yield of a security with an odd last periodReturns the periodic payment for an annuityReturns the payment on the principal for an investment for a given periodReturns the price per $100 face value of a security that pays periodic interestReturns the price per $100 face value of a discounted securityReturns the price per $100 face value of a security that pays interest at maturityReturns the present value of an investmentReturns the interest rate per period of an annuityReturns the amount received at maturity for a fully invested securityReturns the straight-line depreciation of an asset for one periodReturns the sum-of-years' digits depreciation of an asset for a specified periodReturns the bond-equivalent yield for a Treasury billReturns the price per $100 face value for a Treasury billReturns the yield for a Treasury billReturns the depreciation of an asset for a specified or partial period by using a declining balance methodReturns the internal rate of return for a schedule of cash flows that is not necessarily periodic

Returns the depreciation of an asset for a specified period by using the double-declining balance method or some other method that you specify

Returns the net present value for a schedule of cash flows that is not necessarily periodicReturns the yield on a security that pays periodic interestReturns the annual yield for a discounted security; for example, a Treasury billReturns the annual yield of a security that pays interest at maturity

CALENDAR 2009

JANUARY FEBRUARY MARCH

SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT

0 0 0 0 1 2 3 1 2 3 4 5 6 7 1 2 3 4 5 6 7

4 5 6 7 8 9 10 8 9 10 11 12 13 14 8 9 10 11 12 13 14

11 12 13 14 15 16 17 15 16 17 18 19 20 21 15 16 17 18 19 20 21

18 19 20 21 22 23 24 22 23 24 25 26 27 28 22 23 24 25 26 27 28

25 26 27 28 29 30 31 0 0 0 0 0 0 0 29 30 31 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

APRIL MAY JUNE

SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT

0 0 0 1 2 3 4 0 0 0 0 0 1 2 0 1 2 3 4 5 6

5 6 7 8 9 10 11 3 4 5 6 7 8 9 7 8 9 10 11 12 13

12 13 14 15 16 17 18 10 11 12 13 14 15 16 14 15 16 17 18 19 20

19 20 21 22 23 24 25 17 18 19 20 21 22 23 21 22 23 24 25 26 27

26 27 28 29 30 0 0 24 25 26 27 28 29 30 28 29 30 0 0 0 0

0 0 0 0 0 0 0 31 0 0 0 0 0 0 0 0 0 0 0 0 0

JULY AUGUST SEPTEMBER

SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT

0 0 0 1 2 3 4 0 0 0 0 0 0 1 0 0 1 2 3 4 5

5 6 7 8 9 10 11 2 3 4 5 6 7 8 6 7 8 9 10 11 12

12 13 14 15 16 17 18 9 10 11 12 13 14 15 13 14 15 16 17 18 19

19 20 21 22 23 24 25 16 17 18 19 20 21 22 20 21 22 23 24 25 26

26 27 28 29 30 31 0 23 24 25 26 27 28 29 27 28 29 30 0 0 0

0 0 0 0 0 0 0 30 31 0 0 0 0 0 0 0 0 0 0 0 0

OCTOBER NOVEMBER DECEMBER

SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT

0 0 0 0 1 2 3 1 2 3 4 5 6 7 0 0 1 2 3 4 5

4 5 6 7 8 9 10 8 9 10 11 12 13 14 6 7 8 9 10 11 12

11 12 13 14 15 16 17 15 16 17 18 19 20 21 13 14 15 16 17 18 19

18 19 20 21 22 23 24 22 23 24 25 26 27 28 20 21 22 23 24 25 26

25 26 27 28 29 30 31 29 30 0 0 0 0 0 27 28 29 30 31 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

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The Analysis ToolPak is an add-in file containing extra functions which are not built in to Excel. The functions cover areas such as Date and Mathematical operations.

Some of the Formulas required this Analysis ToolPak

HomeHome

The Analysis ToolPak is an add-in file containing extra functions which are not built in to Excel. The functions cover areas such as Date and Mathematical operations.

Some of the Formulas required this Analysis ToolPak