# Financial Functions

ACCRINT | The accrued interest for a security that pays interest periodically. |

ACCRINTM | The accrued interest for a security that pays interest at maturity. |

AMORDEGRC | The depreciation of an asset in a single period (straight-line, implicit coefficient). |

AMORLINC | The depreciation of an asset in a single period (straight-line). |

COUPDAYBS | The number of days between the previous coupon date and the settlement date. |

COUPDAYS | The number of days between the coupon dates on either side of the settlement date. |

COUPDAYSNC | The number of days between the settlement date and the next coupon date. |

COUPNCD | The next coupon date after the settlement date. |

COUPNUM | The number of coupons between the settlement date and the maturity date. |

COUPPCD | The previous coupon date before the settlement date. |

CUMIPMT | The cumulative interest paid on a loan between two dates. |

CUMPRINC | The cumulative principal paid on a loan between two dates. |

DB | The depreciation of an asset in a single period (declining balance method). |

DDB | The depreciation of an asset in a single period (double or triple declining balance method). |

DISC | The interest rate (or discount rate) for a security held to maturity. |

DOLLARDE | The dollar fraction expressed as a decimal. |

DOLLARFR | The dollar decimal expressed as a fraction. |

DURATION | The annual duration of a security that pays interest periodically. |

EFFECT | The effective interest rate given a nominal interest rate and compounding frequency. |

FV | The future value of a series of equal cash flows at regular intervals. |

FVSCHEDULE | The future value of an initial principal after applying compound interest rates. |

INTRATE | The interest rate for a security held to maturity. |

IPMT | The interest amount paid on a given period on a loan with fixed interest. |

IRR | The interest rate for a series of unequal cash flows at regular intervals (implicit reinvestment rate). |

ISPMT | (IPMT) The interest paid for a given period in a series of equal cash flows at regular intervals (incorrectly). |

MDURATION | The modified duration for a security that pays interest periodically. |

MIRR | The interest rate for a series of unequal cash flows at regular intervals (explicit reinvestment rate). |

NOMINAL | The nominal interest rate over a period given an annual interest rate. |

NPER | The number of periods for an investment. |

NPV | The net present value of a series of unequal cash flows at regular intervals. |

ODDFPRICE | The price per $100 face value of a security with an odd first period. |

ODDFYIELD | The yield of a security with an odd first period. |

ODDLPRICE | The price per $100 face value of a security with an odd last period. |

ODDLYIELD | The yield of a security with an odd last period. |

PDURATION | (2013) The number of periods required by an investment to reach a specified value. |

PMT | The full amount (principal + interest) paid every period on a loan with fixed interest. |

PPMT | The principal amount paid on a given period on a loan with fixed interest. |

PRICE | The price of a security that pays periodic interest. |

PRICEDISC | The price of a discounted security (no interest payments). |

PRICEMAT | The price of a security that pays interest at maturity. |

PV | The present value of a series of equal cash flows at regular intervals. |

RATE | The interest rate for a series of equal cash flows at regular intervals. |

RECEIVED | The amount received at the end when a security is held to maturity. |

RRI | (2013) The equivalent interest rate for the growth of an investment. |

SLN | The depreciation of an asset in a single period (straight-line method). |

SYD | The depreciation of an asset in a single period (sum-of-years digits method). |

TBILLEQ | The yield (bond-equivalent) for a treasury bill. |

TBILLPRICE | The price per $100 face value for a treasury bill. |

TBILLYIELD | The yield for a treasury bill. |

VDB | The depreciation of an asset in a single period (variable declining balance method). |

XIRR | The interest rate for a series of unequal cash flows at irregular intervals (implicit reinvestment rate). |

XNPV | The net present value of a series of unequal cash flows at irregular intervals. |

YIELD | The interest rate (annual) for a series of equal cash flows at regular intervals. |

YIELDDISC | The interest rate (annual) for a discounted security (no interest payments). |

YIELDMAT | The interest rate (annual) for a security that pays interest at maturity. |

ACCRINTThe accrued interest for a security that pays interest periodically. |

ACCRINTMThe accrued interest for a security that pays interest at maturity. |

AMORDEGRCThe depreciation of an asset in a single period (straight-line, implicit coefficient). |

AMORLINCThe depreciation of an asset in a single period (straight-line). |

COUPDAYBSThe number of days between the previous coupon date and the settlement date. |

COUPDAYSThe number of days between the coupon dates on either side of the settlement date. |

COUPDAYSNCThe number of days between the settlement date and the next coupon date. |

COUPNCDThe next coupon date after the settlement date. |

COUPNUMThe number of coupons between the settlement date and the maturity date. |

COUPPCDThe previous coupon date before the settlement date. |

CUMIPMTThe cumulative interest paid on a loan between two dates. |

CUMPRINCThe cumulative principal paid on a loan between two dates. |

DBThe depreciation of an asset in a single period (declining balance method). |

DDBThe depreciation of an asset in a single period (double or triple declining balance method). |

DISCThe interest rate (or discount rate) for a security held to maturity. |

DOLLARDEThe dollar fraction expressed as a decimal. |

DOLLARFRThe dollar decimal expressed as a fraction. |

DURATIONThe annual duration of a security that pays interest periodically. |

EFFECTThe effective interest rate given a nominal interest rate and compounding frequency. |

FVThe future value of a series of equal cash flows at regular intervals. |

FVSCHEDULEThe future value of an initial principal after applying compound interest rates. |

INTRATEThe interest rate for a security held to maturity. |

IPMTThe interest amount paid on a given period on a loan with fixed interest. |

IRRThe interest rate for a series of unequal cash flows at regular intervals (implicit reinvestment rate). |

ISPMT(IPMT) The interest paid for a given period in a series of equal cash flows at regular intervals (incorrectly). |

MDURATIONThe modified duration for a security that pays interest periodically. |

MIRRThe interest rate for a series of unequal cash flows at regular intervals (explicit reinvestment rate). |

NOMINALThe nominal interest rate over a period given an annual interest rate. |

NPERThe number of periods for an investment. |

NPVThe net present value of a series of unequal cash flows at regular intervals. |

ODDFPRICEThe price per $100 face value of a security with an odd first period. |

ODDFYIELDThe yield of a security with an odd first period. |

ODDLPRICEThe price per $100 face value of a security with an odd last period. |

ODDLYIELDThe yield of a security with an odd last period. |

PDURATION(2013) The number of periods required by an investment to reach a specified value. |

PMTThe full amount (principal + interest) paid every period on a loan with fixed interest. |

PPMTThe principal amount paid on a given period on a loan with fixed interest. |

PRICEThe price of a security that pays periodic interest. |

PRICEDISCThe price of a discounted security (no interest payments). |

PRICEMATThe price of a security that pays interest at maturity. |

PVThe present value of a series of equal cash flows at regular intervals. |

RATEThe interest rate for a series of equal cash flows at regular intervals. |

RECEIVEDThe amount received at the end when a security is held to maturity. |

RRI(2013) The equivalent interest rate for the growth of an investment. |

SLNThe depreciation of an asset in a single period (straight-line method). |

SYDThe depreciation of an asset in a single period (sum-of-years digits method). |

TBILLEQThe yield (bond-equivalent) for a treasury bill. |

TBILLPRICEThe price per $100 face value for a treasury bill. |

TBILLYIELDThe yield for a treasury bill. |

VDBThe depreciation of an asset in a single period (variable declining balance method). |

XIRRThe interest rate for a series of unequal cash flows at irregular intervals (implicit reinvestment rate). |

XNPVThe net present value of a series of unequal cash flows at irregular intervals. |

YIELDThe interest rate (annual) for a series of equal cash flows at regular intervals. |

YIELDDISCThe interest rate (annual) for a discounted security (no interest payments). |

YIELDMATThe interest rate (annual) for a security that pays interest at maturity. |

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