Question Discussion & Solution

Financial Functions are used to calculate depreciation, rates of return, future values and loan payment amounts.
A list of Excel Financial Functions in Excel are:
?Investment value functions including
1. FV
2. FVSCHEDULE
3. NPV
4. PV
5. RECEIVED
6. XNPV
?Internal rate of return functions including
1. IRR
2. MIRR
3. XIRR
?Asset depreciation functions including
1. AMORDEGRC
2. AMORLINC
3. DB
4. DDB
5. SLN
6. SYD
7. VDB
?Payment functions including
1. CUMIPMT
2. CUMPRINC
3. IPMT
4. ISPMT
5. PMT
6. PPMT
?Dollar conversion including
1. DOLLARDE
2. DOLLARFR
?Yield functions including
1. YIELD
2. YIELDDISC
3. YIELDMAT
4. ODDFYIELD
5. ODDLYIELD
6. TBILLEO
7. TBILLYIELD
?Price functions including
1. PRICE
2. PRICEDISC
3. PRICEMAT
4. ODDFPRICE
5. ODDLPRICE
6. TBILLPRICE

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An array formula is a formula that can perform multiple calculations on one or more of the items in an array. We can think of an array as a row of values, a column of values, or a combination of rows and columns of values. Array formulas can return either multiple results or a single result. For example, we can create an array formula in a range of cells and use the array formula to calculate a column or row of subtotals. We can also place an array formula in a single cell and calculate a single amount. An array formula that includes multiple cells is called a multi-cell formula, and an array formula in a single cell is called a single-cell formula.

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