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Financial methods

Updated on October 19, 2022

Use the Financials methods to manipulate business or accounting numbers, such as payments, interest rates, present value, and depreciation.

Methods

MethodDescription
DoubleDecliningBalanceReturns a value specifying the depreciation of an asset for a specific time period using the double-declining balance method or some other method you specify.
FutureValueReturns a value specifying the future value of an annuity based on periodic, fixed payments and a fixed interest rate.
InterestPaymentReturns a value specifying the interest payment for a given period of an annuity based on periodic, fixed payments and a fixed interest rate.
InternalRateOfReturnReturns a value specifying the internal rate of return for a series of periodic cash flows (payments and receipts).
ModifiedInternalRateOfReturnReturns a value specifying the modified internal rate of return for a series of periodic cash flows (payments and receipts).
NumberOfPeriodsReturns a value specifying the number of periods for an annuity based on periodic fixed payments and a fixed interest rate.
NetPresentValueReturns a value specifying the net present value of an investment based on a series of periodic cash flows (payments and receipts) and a discount rate.
PaymentReturns a value specifying the payment for an annuity based on periodic, fixed payments and a fixed interest rate.
PrincipalPaymentReturns a value specifying the principal payment for a given period of an annuity based on periodic fixed payments and a fixed interest rate.
PresentValueReturns a value specifying the present value of an annuity based on periodic, fixed payments to be paid in the future and a fixed interest rate.
InterestRatePerPeriodReturns a value specifying the interest rate per period for an annuity.
StraightLineDepreciationReturns a value specifying the straight-line depreciation of an asset for a single period.
SumOfYearsDigitsReturns a value specifying the sum-of-years digits depreciation of an asset for a specified period.

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