EXCELInsertFunction--TIMEVALUEOFMONEY

EXCELInsertFunction--TIMEVALUEOFMONEY - TIME VALUE OF MONEY...

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TIME VALUE OF MONEY Drakopoulou Veliota FINC40 0 EXCEL Insert Function:  f(x)  Use the Insert Function f(x) dialog box to help you insert the correct formula and arguments for your needs. Select a category : From the drop down list select: Financial Select a function Click a function name to see the function syntax and a brief description immediately below the Select a function box. Financial functions Function Description FV Returns the future value of an investment PMT Returns the periodic payment for an annuity PV Returns the present value of an investment RATE Returns the interest rate per period of an annuity NPER Returns the number of periods for an investment
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TIME VALUE OF MONEY Drakopoulou Veliota FINC40 0 NPER Returns the number of periods for an investment based on periodic, constant payments and a constant interest rate. Syntax NPER ( rate , pmt , pv , fv, type) For a more complete description of the arguments in NPER and for more information about annuity functions, see PV. Rate is the interest rate per period. Pmt is the payment made each period; it cannot change over the life of the annuity. Typically, pmt contains principal and interest but no other fees or taxes. Pv is the present value, or the lump-sum amount that a series of future payments is worth right now. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0). Type is the number 0 or 1 and indicates when payments are due. Set type equal to If payments are due 0 or omitted At the end of the period 1 At the beginning of the period Example The example may be easier to understand if you copy it to a blank worksheet. How to copy an example 1. Create a blank workbook or worksheet. 2. Select the example in the Help topic.
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TIME VALUE OF MONEY Drakopoulou Veliota FINC40 0 NOTE Do not select the row or column headers. Selecting an example from Help 3. Press CTRL+C. 4. In the worksheet, select cell A1, and press CTRL+V. 5. To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.
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TIME VALUE OF MONEY Drakopoulou Veliota FINC40 0    1 2 3 4 5 6 A B Data Description 12% Annual interest rate -100 Payment made each  period -1000 Present value 10000 Future value 1 Payment is due at the  beginning of the period  (see above) Formula Description (Result) =NPER(A2/12, A3, A4,  A5, 1) Periods for the  investment with the  above terms (60) =NPER(A2/12, A3, A4,  A5) Periods for the  investment with the  above terms, except  payments are made at  the beginning of the  period (60) =NPER(A2/12, A3, A4) Periods for the  investment with the  above terms, except with  a future value of 0 (- 9.578)
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EXCELInsertFunction--TIMEVALUEOFMONEY - TIME VALUE OF MONEY...

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