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Syntax        PV(rate,nper,pmt,fv,type)

Data          Description
       -500   Money paid out of an insurance annuity at the end of every month
       8%     Interest rate earned on the money paid out
       20     Years the money will be paid out
PV                                                                        Rs. 59,777.15
Syntax           FV(rate,nper,pmt,pv,type)

         Data                              Description
          8%    Annual interest rate
          20    Number of payments (YEARS)
         -200   Amount of the MONTHLY payment
         -500   Present value
          1     Payment is due at the beginning of the period (see above)
          FV                             Rs. 121,052.85


         12%    Annual interest rate
          12    Number of monthly payments
         1000   Amount of the payment
          0     Payment is due at the end of the period (see above)
          FV                             Rs. -12,682.50
Syntax      RATE(nper,pmt,pv,fv,type,guess)

Data        Description
       4    Years of the loan
   -200     Monthly payment
   8000     Amount of the loan
   RATE                                  9.2418%

  20000     Annual interest rate
       35   Number of payments
   -2000    Amount of the payment
       1    Payment is due at the beginning of the year
   RATE                                 10.76779%
Syntax         NPER(rate, pmt, pv, fv, type)


Data           Description
12%            Annual interest rate
-100           Payment made each month
-1000          Present value
10000          Future value
1              Payment is due at the beginning of the period
        NPER                                   59.7
        NPER                                   60.1
        NPER                                   69.7
Syntax       PMT(rate,nper,pv,fv,type)


Data         Description
8%           Annual interest rate
10           Number of months of payments
10000        Amount of loan
       PMT                          Rs. -1,037.03
       PMT                          Rs. -1,030.16

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Financial functions

  • 1. Syntax PV(rate,nper,pmt,fv,type) Data Description -500 Money paid out of an insurance annuity at the end of every month 8% Interest rate earned on the money paid out 20 Years the money will be paid out PV Rs. 59,777.15
  • 2. Syntax FV(rate,nper,pmt,pv,type) Data Description 8% Annual interest rate 20 Number of payments (YEARS) -200 Amount of the MONTHLY payment -500 Present value 1 Payment is due at the beginning of the period (see above) FV Rs. 121,052.85 12% Annual interest rate 12 Number of monthly payments 1000 Amount of the payment 0 Payment is due at the end of the period (see above) FV Rs. -12,682.50
  • 3. Syntax RATE(nper,pmt,pv,fv,type,guess) Data Description 4 Years of the loan -200 Monthly payment 8000 Amount of the loan RATE 9.2418% 20000 Annual interest rate 35 Number of payments -2000 Amount of the payment 1 Payment is due at the beginning of the year RATE 10.76779%
  • 4. Syntax NPER(rate, pmt, pv, fv, type) Data Description 12% Annual interest rate -100 Payment made each month -1000 Present value 10000 Future value 1 Payment is due at the beginning of the period NPER 59.7 NPER 60.1 NPER 69.7
  • 5. Syntax PMT(rate,nper,pv,fv,type) Data Description 8% Annual interest rate 10 Number of months of payments 10000 Amount of loan PMT Rs. -1,037.03 PMT Rs. -1,030.16