Apple iWork '09 User Manual

Page 97

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Chapter 6

Financial Functions

97

Function

Description

“COUPDAYSNC” (page 108)

The COUPDAYSNC function returns the number
of days between the settlement date and the end
of the coupon period in which settlement occurs.

“COUPNUM” (page 109)

The COUPNUM function returns the number
of coupons remaining to be paid between the
settlement date and the maturity date.

“CUMIPMT” (page 110)

The CUMIPMT function returns the total interest
included in loan or annuity payments over a
chosen time interval based on fixed periodic
payments and a fixed interest rate.

“CUMPRINC” (page 112)

The CUMPRINC function returns the total
principal included in loan or annuity payments
over a chosen time interval based on fixed
periodic payments and a fixed interest rate.

“DB” (page 114)

The DB function returns the amount of
depreciation of an asset for a specified period
using the fixed-declining balance method.

“DDB” (page 116)

The DDB function returns the amount of
depreciation of an asset based on a specified
depreciation rate.

“DISC” (page 117)

The DISC function returns the annual discount
rate of a security that pays no interest and is sold
at a discount to its redemption value.

“EFFECT” (page 119)

The EFFECT function returns the effective annual
interest rate from the nominal annual interest
rate based on the number of compounding
periods per year.

“FV” (page 120)

The FV function returns the future value of an
investment based on a series of regular periodic
cash flows (payments of a constant amount and
all cash flows at constant intervals) and a fixed
interest rate.

“INTRATE” (page 122)

The INTRATE function returns the effective annual
interest rate for a security that pays interest only
at maturity.

“IPMT” (page 123)

The IPMT function returns the interest portion
of a specified loan or annuity payment based on
fixed, periodic payments and a fixed interest rate.

“IRR” (page 125)

The IRR function returns the internal rate of
return for an investment that is based on a series
of potentially irregular cash flows that occur at
regular time intervals.

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