Financial functionsFinancial 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.
The future value of an initial investment, based on a constant interest rate and payment amount for the number of periods in months. The net present value of a series of unequal payments made at regular intervals, assuming a fixed rate per interval. The present value of a series of equal payments made at regular intervals (periods), assuming a fixed interest rate per interval.