Can you use Excel for time value of money computations such as NPV or IRR? If...

80.2K

Verified Solution

Question

Accounting

Can you use Excel for time value of money computations such asNPV or IRR? If so, what are the functions?
Please no handwritten answers

Answer & Explanation Solved by verified expert

4.0 Ratings (654 Votes)

Please give positive ratings so I can keep answering Thanks Can you use Excel for time value of money computations such as NPV or IRR If so what are the functions Yes Excel can be used for time value of money computations The list of functions are as follows Single Cash Flow Functions FVSCHEDULE Calculates the future value of an initial principal after applying a series of compound interest rates PDURATION Calculates the number of periods required for an investment to reach a specified value RRI Calculates the interest rate required for an investment to grow to a specified future value Interest Rate Conversion Functions EFFECT Calculates the effective annual interest rate from a supplied Nominal interest rate and number of periods NOMINAL Calculates the annual nominal interest rate from a supplied Effective interest rate and number of periods Security Functions ACCRINT Calculates the accrued interest for a security that pays periodic interest ACCRINTM Calculates the accrued interest for a security that pays interest at maturity DISC Calculates the discount rate for a security DURATION Calculates the Macauley duration of a security with an assumed par value of 100 See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member