How to Use the DEPRECIATION (DB) Formula in Excel DEPRECIATION (DB) Formula in Excel is used to return the depreciation of an asset for a specified period using the fixed-declining balance method. Formula Explanation Cost (required): The historical cost of the asset....
Application of PMT, IPMT & PPMT Formula in Excel These 3 formulas in Excel are going to be useful when you are creating a loan amortization schedule or payment waterfall or just analyzing loan or investment scenarios. There are 3 different formulas that we are...
How to Use the PRINCIPAL PAYMENT (PPMT) Formula in Excel PPMT Formula in Excel calculates the principal payment of a given period for an investment or loan based on periodic, constant payments and a constant interest rate. Formula: Formula Explanation Rate (required):...
How to Use the PMT Formula in Excel The PMT Formula calculates the payment for a loan based on constant payments and a constant interest rate. Formula Explanation Rate (required): The interest rate for the loan. Nper (required): The total number of payments for the...
How to Use the ROUND Formula in Excel The ROUND function in Excel is used to round numbers to the whole number or decimal depending on your preference. The three formulas we have here allow you to round up, down, or to the nearest whole number or decimal depending on...