What is COUPDAYSNC function in Excel? COUPDAYSNC function is one of the Financial functions in Microsoft Excel that returns the number of days from the settlement date to the next coupon date. Syntax of COUPDAYSNC function COUPDAYSNC(settlement, maturity, frequency, [basis]) The COUPDAYSNC function syntax has the following arguments: Settlement: The security’s settlement date. The security settlement …
What is COUPDAYS function in Excel? COUPDAYS function is one of the Financial functions in Microsoft Excel that returns the number of days in the coupon period that contains the settlement date. Syntax of COUPDAYS function COUPDAYS(settlement, maturity, frequency, [basis]) The COUPDAYS function syntax has the following arguments: Settlement: The security’s settlement date. The security settlement …
What is CUMPRINC function in Excel? CUMPRINC function is one of the Financial functions in Microsoft Excel that returns the cumulative principal paid on a loan between start_period and end_period. Syntax of CUMPRINC function CUMPRINC(rate, nper, pv, start_period, end_period, type) The CUMPRINC function syntax has the following arguments: Rate: The interest rate. Nper: The total number …
What is DB function in Excel? DB function is one of the Financial functions in Microsoft Excel that returns the depreciation of an asset for a specified period using the fixed-declining balance method. Syntax of DB function DB(cost, salvage, life, period, [month]) The DB function syntax has the following arguments: Cost: The initial cost of the …
What is DDB function in Excel? DDB function is one of the Financial functions in Microsoft Excel that returns the depreciation of an asset for a specified period using the double-declining balance method or some other method you specify. Syntax of DDB function DDB(cost, salvage, life, period, [factor]) The DDB function syntax has the following arguments: …
What is DISC function in Excel? DISC function is one of the Financial functions in Microsoft Excel that returns the discount rate for a security. Syntax of DISC function DISC(settlement, maturity, pr, redemption, [basis]) The DISC function syntax has the following arguments: Settlement: The security’s settlement date. The security settlement date is the date after the …
What is DOLLARDE function in Excel? DOLLARDE function is one of the Financial functions in Microsoft Excel that converts a dollar price expressed as an integer part and a fraction part, such as 1.02, into a dollar price expressed as a decimal number. Fractional dollar numbers are sometimes used for security prices. The fraction part …
What is DOLLARFR function in Excel? DOLLARFR function is one of the Financial functions in Microsoft Excel that uses the DOLLARFR to convert decimal numbers to fractional dollar numbers, such as securities prices. Syntax of DOLLARFR function DOLLARFR(decimal_dollar, fraction) The DOLLARFR function syntax has the following arguments: Decimal_dollar: A decimal number. Fraction: The integer to use …
What is IPMT function in Excel? IPMT function is one of the Financial functions in Microsoft Excel that returns the interest payment for a given period for an investment based on periodic, constant payments and a constant interest rate. Syntax of IPMT function IPMT(rate, per, nper, pv, [fv], [type]) The IPMT function syntax has the following …
What is INTRATE function in Excel? INTRATE function is one of the Financial functions in Microsoft Excel that returns the interest rate for a fully invested security. Syntax of INTRATE function INTRATE(settlement, maturity, investment, redemption, [basis]) The INTRATE function syntax has the following arguments: Settlement: The security’s settlement date. The security settlement date is the date …
What is FVSCHEDULE function in Excel? FVSCHEDULE function is one of the Financial functions in Microsoft Excel that 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. Syntax of FVSCHEDULE function FVSCHEDULE(principal, schedule) …
What is FV function in Excel? FV function is one of the Financial functions in Microsoft Excel that calculates the future value of an investment based on a constant interest rate. You can use FV with either periodic, constant payments, or a single lump sum payment. Syntax of FV function FV(rate,nper,pmt,[pv],[type]) For a more complete description …
What is EFFECT function in Excel? EFFECT function is one of the Financial functions in Microsoft Excel that returns the effective annual interest rate, given the nominal annual interest rate and the number of compounding periods per year. Syntax of EFFECT function EFFECT(nominal_rate, npery) The EFFECT function syntax has the following arguments: Nominal_rate: The nominal interest …
What is DURATION function in Excel? DURATION function is one of the Financial functions in Microsoft Excel that returns the Macauley duration for an assumed par value of $100. Duration is defined as the weighted average of the present value of cash flows, and is used as a measure of a bond price’s response to …
What is IRR function in Excel? IRR function is one of the Financial functions in Microsoft Excel that 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 …
What is ISPMT function in Excel? ISPMT function is one of the Financial functions in Microsoft Excel that calculates the interest paid (or received) for the specified period of a loan (or investment) with even principal payments. Syntax of ISPMT function ISPMT(rate, per, nper, pv) The ISPMT function syntax has the following arguments: Argument Description Rate …
What is MDURATION function in Excel? MDURATION function is one of the Financial functions in Microsoft Excel that returns the modified Macauley duration for a security with an assumed par value of $100. Syntax of MDURATION function MDURATION(settlement, maturity, coupon, yld, frequency, [basis]) The MDURATION function syntax has the following arguments: Settlement: The security’s settlement date. …
What is YIELDDISC function in Excel? YIELDDISC function is one of Financial functions in Microsoft Excel that returns the annual yield for a discounted security. Syntax of YIELDDISC function YIELDDISC(settlement, maturity, pr, redemption, [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 …
What is TYPE function in Excel? TYPE function is one of the Information functions in Microsoft Excel that returns the type of value. Use TYPE when the behavior of another function depends on the type of value in a particular cell. Syntax of TYPE function TYPE(value) The TYPE function syntax has the following arguments: Value: Can …
What is CELL function in Excel? CELL function is one of the Information functions in Microsoft Excel that returns info about the formatting, location, or contents of a cell. For example, if you want to verify that a cell contains a numeric value instead of text before you perform a calculation on it, you can …
What is INFO function in Excel? INFO function is one of the Information functions in Microsoft Excel that returns information about the current operating environment. Syntax of INFO function INFO(type_text) The INFO function syntax has the following arguments: Type_text: Text that specifies what type of information you want returned. Type_text Returns “directory” Path of the current …
What is ISEVEN function in Excel? ISEVEN function is one of the Information functions in Microsoft Excel that returns TRUE if number is even, or FALSE if number is odd. Syntax of ISEVEN function ISEVEN(number) The ISEVEN function syntax has the following arguments: Number: The value to test. If number is not an integer, it is truncated. …
What is SHEETS function in Excel? SHEETS function is one of the Information functions in Microsoft Excel that returns the number of sheets in a reference. Syntax of SHEETS function SHEETS(reference) The SHEETS function syntax has the following arguments. Reference (Optional): Reference is a reference for which you want to know the number of sheets it …
What is TRUE function in Excel? TRUE function is one of the Logical functions in Microsoft Excel that returns the logical value TRUE. You can use this function when you want to return the value TRUE based on a condition. For example: =IF(A1=1,TRUE()) You can also enter the value TRUE directly into cells and formulas …
10 Excel Functions every regular worker should know Excel functions are predefined formulas that are designed for the purpose of data analysis, manipulation and visualization. These functions are already available in Excel. To get detailed information about a function, click its name in the first column. Here are list of 10 functions that commonly used in Excel Function Description SUM …
What are FIND, FINDB functions in Excel? FIND and FINDB are Text functions in Microsoft Excel that locate one text string within a second text string, and return the number of the starting position of the first text string from the first character of the second text string. Important: FIND is intended for use with languages that use …
What is DAYS function in Excel? DAYS function is one of Date and Time functions in Microsoft Excel that returns the number of days between two dates. Syntax of DAYS function DAYS(end_date, start_date) The DAYS function syntax has the following arguments. End_date Required. Start_date and End_date are the two dates between which you want to know the number …
What is IF function in Excel? IF function is one of logical functions in Microsoft Office Excel that returns one value if the condition is TRUE, or another value if the condition is FALSE. Syntax of IF function The syntax for the IF function in Microsoft Excel is: IF( condition, value_if_true, [value_if_false] ) IF formula explanation condition The value …
What is SUM function in Excel? SUM function is one of Math and Trig functions in Microsoft Office Excel that adds all numbers in a range of cells and returns the result. Syntax of SUM function The syntax for the SUM function in Microsoft Excel is: SUM( number1, [number2, … number_n] ) OR SUM ( cell1:cell2, [cell3:cell4], …
What is F.INV function in Excel? F.INV function is one of Statistical functions in Microsoft Excel that returns the inverse of the F probability distribution. If p = F.DIST(x,…), then F.INV(p,…) = x. The F distribution can be used in an F-test that compares the degree of variability in two data sets. For example, you …
What is F.DIST.RT function in Excel? F.DIST.RT function is one of Statistical functions in Microsoft Excel that returns the (right-tailed) F probability distribution (degree of diversity) for two data sets. You can use this function to determine whether two data sets have different degrees of diversity. For example, you can examine the test scores of …
What is EXPON.DIST function in Excel? EXPON.DIST function is one of Statistical functions in Microsoft Excel that returns the exponential distribution. Use EXPON.DIST to model the time between events, such as how long an automated bank teller takes to deliver cash. For example, you can use EXPON.DIST to determine the probability that the process takes …
What is DEVSQ function in Excel? DEVSQ function is one of Statistical functions in Microsoft Excel that returns the sum of squares of deviations of data points from their sample mean. Syntax of DEVSQ function DEVSQ(number1, [number2], …) The DEVSQ function syntax has the following arguments: Number1, number2, … Number1 is required, subsequent numbers are optional. 1 …
What is COVARIANCE.S function in Excel? COVARIANCE.S function is one of Statistical functions in Microsoft Excel that returns the sample covariance, the average of the products of deviations for each data point pair in two data sets. Syntax of COVARIANCE.S function COVARIANCE.S(array1,array2) The COVARIANCE.S function syntax has the following arguments: Array1 Required. The first cell range …
What is COVARIANCE.P function in Excel? COVARIANCE.P function is one of Statistical functions in Microsoft Excel that returns population covariance, the average of the products of deviations for each data point pair in two data sets. Use covariance to determine the relationship between two data sets. For example, you can examine whether greater income accompanies …
What is COUNTIFS function in Excel? COUNTIFS function is one of Statistical functions in Microsoft Excel applies criteria to cells across multiple ranges and counts the number of times all criteria are met. Syntax of COUNTIFS function COUNTIFS(criteria_range1, criteria1, [criteria_range2, criteria2]…) The COUNTIFS function syntax has the following arguments: criteria_range1 Required. The first range in which to …
What is COUNTIF function in Excel? COUNTIF function is one of Statistical functions in Microsoft Excel used to count the number of cells that meet a criterion; for example, to count the number of times a particular city appears in a customer list.In its simplest form, COUNTIF says: =COUNTIF(Where do you want to look?, What …
What is F.TEST function in Excel? F.TEST function is one of Statistical functions in Microsoft Excel that returns the result of an F-test, the two-tailed probability that the variances in array1 and array2 are not significantly different. Use this function to determine whether two samples have different variances. For example, given test scores from public …
What is GROWTH function in Excel? GROWTH function is one of Statistical functions in Microsoft Excel that calculates predicted exponential growth by using existing data. GROWTH returns the y-values for a series of new x-values that you specify by using existing x-values and y-values. You can also use the GROWTH worksheet function to fit an …
What is GEOMEAN function in Excel? GEOMEAN function is one of Statistical functions in Microsoft Excel that returns the geometric mean of an array or range of positive data. For example, you can use GEOMEAN to calculate average growth rate given compound interest with variable rates. Syntax of GEOMEAN function GEOMEAN(number1, [number2], …) The GEOMEAN function …