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Financial functions
Financial functions calculate financial information, such as net present value and payments. For example, you can calculate the monthly payments required to buy a car at a certain loan rate using the PMT function.
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This function
Returns
The future value (FV) of an initial investment, based on a constant interest rate and payment amount for the number of periods in months.
The net present value (NPV) of a series of unequal payments made at regular intervals, assuming a fixed interest rate per interval.
The payment (PMT) required by the term, interest rate, and principal.
The present value (PV) of a series of equal payments made at regular intervals, assuming a fixed interest rate per interval.
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