MS Excel: financial functions

The CUMPRINC function in Excel calculates the cumulative principal paid on a loan between two periods. In simple terms, it helps you determine how much of the loan principal has been repaid between two specific periods, based on the loan's interest rate, payment schedule, and loan amount. This function is often used for loan amortization schedules and to analyze how much of the loan balance has been reduced over time.

The CUMIPMT function in Excel calculates the cumulative interest paid on a loan between two periods. In simple terms, this function helps you determine how much interest has been paid on a loan during a specific period, based on the loan's interest rate, payment schedule, and loan amount. This function is especially useful in loan amortization schedules and financial modeling.

The COUPPCD function in Excel returns the previous coupon date before the settlement date of a bond. In other words, it helps you determine the last interest payment date that occurred before you purchased the bond. This function is useful for accrued interest calculations, bond pricing, and financial reporting.

The COUPNUM function in Excel calculates the number of coupon periods between the settlement date and the maturity date of a bond. In simple words, it tells you how many interest payments are left for the bond from the purchase date until it matures. This function is very useful for bond investment analysis, amortization schedules, and pricing bonds.

The COUPNCD function in Excel returns the next coupon date after the settlement date of a bond.In simple words, it helps you find out when the bond will make its next interest payment after you purchase it. This function is very helpful in bond investment calculations, pricing, and financial reporting.

The COUPDAYSNC function in Excel calculates the number of days from the settlement date to the next coupon date for a bond. In simple terms, it answers:"How many days are left until the next interest payment?"

The COUPDAYS function in Excel returns the number of days in the coupon period that contains the settlement date of a bond.In other words, it tells you how many days are in the full coupon period (between two coupon payments) where your purchase date falls.

The COUPDAYBS function in Excel calculates the number of days from the beginning of the coupon period to the settlement date of a bond. It’s mainly used when working with bonds and fixed-income securities that pay periodic interest (coupons).

The AMORLINC function in Excel calculates the linear (straight-line) depreciation of an asset for each accounting period.Unlike AMORDEGRC, which uses accelerated depreciation, AMORLINC spreads the asset's value loss evenly over its useful life. It is especially used in French accounting, but also useful anywhere straight-line depreciation is needed with fixed-period calculations.

The AMORDEGRC function in Excel calculates the depreciation of an asset for each accounting period using a degressive (accelerated) depreciation method.It is mostly used in French accounting systems, where as

The ACCRINTM function in Excel calculates the accrued interest for a security that pays interest only at maturity.Unlike ACCRINT, where periodic payments are made, ACCRINTM is used when the full interest amount is paid once, together with the principal at the end of the investment term.

The ACCRINT function in Excel calculates the accrued interest for a security (like a bond) that pays periodic interest.It is widely used in financial analysis, especially when working with bonds, loans, or any investment product that generates interest over time.

The DB  function in Excel calculates the depreciation  of an asset for a specific period, using the declining balance method . In simple...