by Ilker | Feb 2, 2021 | Excel Formulas

NORMSINV Excel formula is a Statistical function that calculates the inverse of the standard normal cumulative distribution of a specific probability. The standard normal distribution is a type of normal distribution with a mean of zero (0) and a standard deviation of...
by Ilker | Feb 2, 2021 | Excel Tips & Tricks

In finance, option pricing is a term used for estimating the value of an option contract using all known inputs. Monte Carlo Simulation is a popular algorithm that can generate a series of random variables with similar properties to simulate realistic inputs. In this...
by Ilker | Oct 11, 2019 | Excel Formulas

The Excel PPMT function is a Financial formula that calculates and returns the principal amount of the payment of a loan, based on constant payments and interest rate. In this guide, we’re going to show you how to use the PPMT function and also go over some tips and...
by Ilker | Aug 27, 2019 | Excel Formulas

The Excel EFFECT function is a Financial formula that calculates and returns the effective annual interest rate, for a given nominal annual interest rate and number of compounding periods per year. The effective annual interest rate is used to compare financial loans...
by Ilker | Aug 27, 2019 | Excel Formulas

The DURATION Excel function is a Financial formula that calculates and returns the annual duration of a security based on the Macauley duration formula. In this guide, we’re going to show you how to use the DURATION function and also go over some tips and error...
by Ilker | Aug 26, 2019 | Excel Formulas

The Excel YIELD function is a Financial formula that calculates and returns the yield on a security that pays a periodic interest. A common use case for the YIELD function is calculating bond yields. In this guide, we’re going to show you how to use the Excel YIELD...
by Ilker | Aug 22, 2019 | Excel Formulas

The Excel PRICEMAT function is a Financial formula that calculates and returns the price per $100 face value of a security that pays interest at maturity. In this guide, we’re going to show you how to use the PRICEMAT function and also go over some tips and error...
by Ilker | Aug 20, 2019 | Excel Formulas

The Excel PRICE function is a Financial formula that calculates and returns the price per $100 face value of a security that pays periodic interest. In this guide, we’re going to show you how to use the PRICE function and also go over some tips and error handling...
by Ilker | Jun 13, 2019 | Excel Formulas

The Excel RRI function is a Financial function that calculates and returns the equivalent interest rate for the growth of an investment. When given a present value, a future value, and the number of periods for an investment, you can calculate the rate of return for...