RRI Function in Excel: Equivalent Annual Growth Rate (CAGR)
RRI returns the constant growth rate needed to go from a start value to an end value — i.e. CAGR in one function.
Read article →RRI returns the constant growth rate needed to go from a start value to an end value — i.e. CAGR in one function.
Read article →MIRR fixes IRR's optimistic assumption that cash is reinvested at the IRR itself, using separate finance and reinvestment rates.
Read article →XNPV discounts cash flows that happen on irregular dates — more accurate than NPV for real projects.
Read article →DB calculates depreciation using a fixed-rate declining balance derived from cost, salvage and life, with an optional first-year month count.
Read article →SLN returns equal depreciation for each period of an asset's life.
Read article →EFFECT converts a nominal annual rate into the effective rate after compounding. NOMINAL does the reverse.
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Read article →NPER returns the number of periods needed to repay a loan or reach a savings goal.
Read article →CUMIPMT totals the interest paid between two payment numbers — e.g. for one financial year. CUMPRINC does the same for principal.
Read article →PPMT returns the principal repaid by a specific EMI.
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Read article →IPMT returns how much of a given EMI is interest; PPMT returns the principal part. Together they always equal PMT.
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