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Chapter 6
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Financial functions 59
Chapter 6
Financial functions
calculate financial information, such as net present value and
payments. For example, you can calculate the monthly payments required to buy a car at
a certain loan rate using the PMT function.
Click a function name for details.
a certain loan rate using the PMT function.
Click a function name for details.
This function
Returns
The future value of an initial investment, based on a constant interest rate and
payment amount for the number of periods in months.
payment amount for the number of periods in months.
The net present value of a series of unequal payments made at regular intervals,
assuming a fixed rate per interval.
assuming a fixed rate per interval.
The payment required to meet the requirements of the term, interest rate, and
principal.
principal.
The present value of a series of equal payments made at regular intervals
(periods), assuming a fixed interest rate per interval.
(periods), assuming a fixed interest rate per interval.