Financial functions perform many of the commonly used financial calculations, such as the calculation of yield, interest rates, investment valuations and asset depreciation.

In the tables below, the financial functions have been grouped into categories, to help you to find the function you need.

Function | Category | Description |
---|---|---|

ACCRINT | Interest Rate | Returns the accrued interest for a security that pays periodic interest |

ACCRINTM | Interest Rate | Returns the accrued interest for a security that pays interest at maturity |

AMORDEGRC | Asset Depreciation | Returns the depreciation for each accounting period by using a depreciation coefficient |

AMORLINC | Asset Depreciation | Returns the depreciation for each accounting period |

COUPDAYBS | Duration Function | Returns the number of days from the beginning of the coupon period to the settlement date |

COUPDAYS | Duration Function | Returns the number of days in the coupon period that contains the settlement date |

COUPDAYSNC | Duration Function | Returns the number of days from the settlement date to the next coupon date |

COUPNCD | Duration Function | Returns the next coupon date after the settlement date |

COUPNUM | Duration Function | Returns the number of coupons payable between the settlement date and maturity date |

COUPPCD | Duration Function | Returns the previous coupon date before the settlement date |

CUMIPMT | Payment Function | Returns the cumulative interest paid between two periods |

CUMPRINC | Payment Function | Returns the cumulative principal paid on a loan between two periods |

DB | Asset Depreciation | Returns the depreciation of an asset for a specified period by using the fixed-declining balance method |

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

DISC | Price Function | Returns the discount rate for a security |

DOLLARDE | Dollar Conversion | Converts a dollar price, expressed as a fraction, into a dollar price, expressed as a decimal number |

DOLLARFR | Dollar Conversion | Converts a dollar price, expressed as a decimal number, into a dollar price, expressed as a fraction |

DURATION | Duration Function | Returns the annual duration of a security with periodic interest payments |

EFFECT | Interest Rate | Returns the effective annual interest rate |

FV | Investment Value | Returns the future value of an investment |

FVSCHEDULE | Investment Value | Returns the future value of an initial principal after applying a series of compound interest rates |

INTRATE | Interest Rate | Returns the interest rate for a fully invested security |

IPMT | Payment Function | Returns the interest payment for an investment for a given period |

IRR | Internal Rate of Return | Returns the internal rate of return for a series of cash flows |

ISPMT | Payment Function | Calculates the interest paid during a specific period of an investment |

MDURATION | Duration Function | Returns the Macauley modified duration for a security with an assumed par value of $100 |

MIRR | Internal Rate of Return | Returns the internal rate of return where positive and negative cash flows are financed at different rates |

NOMINAL | Interest Rate | Returns the annual nominal interest rate |

NPER | Duration Function | Returns the number of periods for an investment |

NPV | Investment Value | Returns the net present value of an investment based on a series of periodic cash flows and a discount rate |

ODDFPRICE | Price Function | Returns the price per $100 face value of a security with an odd first period |

ODDFYIELD | Yield Function | Returns the yield of a security with an odd first period |

ODDLPRICE | Price Function | Returns the price per $100 face value of a security with an odd last period |

ODDLYIELD | Yield Function | Returns the yield of a security with an odd last period |

PDURATION | Duration Function | Returns the number of periods required by an investment to reach a specified value (New in Excel 2013) |

PMT | Payment Function | Returns the periodic payment for an annuity |

PPMT | Payment Function | Returns the payment on the principal for an investment for a given period |

PRICE | Price Function | Returns the price per $100 face value of a security that pays periodic interest |

PRICEDISC | Price Function | Returns the price per $100 face value of a discounted security |

PRICEMAT | Price Function | Returns the price per $100 face value of a security that pays interest at maturity |

PV | Investment Value | Returns the present value of an investment |

RATE | Interest Rate | Returns the interest rate per period of an annuity |

RECEIVED | Investment Value | Returns the amount received at maturity for a fully invested security |

RRI | Interest Rate | Returns an equivalent interest rate for the growth of an investment (New in Excel 2013) |

SLN | Asset Depreciation | Returns the straight-line depreciation of an asset for one period |

SYD | Asset Depreciation | Returns the sum-of-years' digits depreciation of an asset for a specified period |

TBILLEQ | Yield Function | Returns the bond-equivalent yield for a Treasury bill |

TBILLPRICE | Price Function | Returns the price per $100 face value for a Treasury bill |

TBILLYIELD | Yield Function | Returns the yield for a Treasury bill |

VDB | Asset Depreciation | Returns the depreciation of an asset for a specified or partial period by using a declining balance method |

XIRR | Internal Rate of Return | Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic |

XNPV | Investment Value | Returns the net present value for a schedule of cash flows that is not necessarily periodic |

YIELD | Yield Function | Returns the yield on a security that pays periodic interest |

YIELDDISC | Yield Function | Returns the annual yield for a discounted security; for example, a Treasury bill |

YIELDMAT | Yield Function | Returns the annual yield of a security that pays interest at maturity |