Written by Determines the devaluation of an asset over a given timeframe utilizing the sum of years digits approach.
Computes the depreciation of an asset for a single period using the straight-line approach.
Determines the total amount paid at maturity for investments in fixed-income securities bought on a specific date.
Determines the interest rate for an investment in an annuity based on regular payments and the premise of a fixed interest rate.
Determines the price of a security that pays interest upon maturity, factoring in the anticipated yield.
Determines the value of a security that offers periodic interest payments, like a US Treasury Bond, according to anticipated yield.
Determines the portion of a payment that goes toward reducing the principal on an investment, factoring in fixed periodic payments and a stable interest rate.
Calculates the recurring payment required for an annuity investment, factoring in constant periodic payments and a stable interest rate.
Determines the annual nominal interest rate based on the effective interest rate and the number of times interest is compounded annually.
The ISPMT function determines the interest accrued over a specified duration of an investment.