FUTURE VALUE (FV) Formula in Excel
How to Use the FUTURE VALUE (FV) Formula in Excel FUTURE VALUE (FV) Formula in Excel calculates the future value of an investment based on a constant interest rate and takes into consideration compounding of interest. Formula: Formula Explanation: Rate (required): The...
EFFECT Formula in Excel
How to Use the EFFECT Formula in Excel The Effect formula in Excel returns the effective annual interest rate, given the nominal annual interest rate and the number of compounding periods per year. The effective annual interest rate is the interest rate that is earned...
DEPRECIATION (DB) Formula in Excel
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
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...
