The DB function in Excel is used to calculate the depreciation of an asset for a specified period using the fixeddeclining balance method This method computes depreciation at a high rate initially and then gradually decreases over the life of the asset Heres how you can use the DB function
The DAYS360 function in Excel calculates the number of days between two dates based on a 360day year assuming 30 days per month which is commonly used in financial calculations This method simplifies certain types of monthly and yearly reporting by standardizing the number of days per month Heres how to use the DAYS360 function in Excel
The DAYS function in Excel is used to calculate the number of days between two dates Heres how you can use it
The DAY function in Excel is used to extract the day of the month from a given date The function returns an integer representing the day from 1 to 31 based on the date provided
The DAVERAGE function in Excel is used to calculate the average of numbers in a database column based on specific criteria Heres how to use it
The DATEVALUE function in Excel is used to convert a date represented as text into a serial number that Excel recognizes as a valid date This is useful when you have dates stored as text and need to perform date calculations or formatting
The DATEDIF function in Excel is used to calculate the difference between two dates in various units such as years months or days Heres how you can use it
The DATE function in Excel is used to create a date value based on three components year month and day This is particularly useful if you want to combine year month and day numbers from different cells to form a valid date or if you need to create a dynamic date based on formulas
The CUMPRINC function in Excel is used to calculate the cumulative principal paid on a loan between two specified periods This can be useful for determining how much of your payments are going toward reducing the principal balance over a specific time frame Heres how you can use the CUMPRINC function
The CUMIPMT function in Excel is used to calculate the cumulative interest paid on a loan or investment over a specified period The syntax for the CUMIPMT function is as follows
