There is no single answer to that. It will depend on the calculation you are trying to do. You could use whatever rate is appropriate. The function can use any rate, so that will be based on the particular situation you are working on and what interest rate is specified.
NPER is a financial function in Excel. It returns the number of periods for an investment based on periodic, constant payments and a constant interest rate.
The PPMT function returns the amt. of interest in a specified instalment number whereas the PMT function returns the amt. of interest in every EMI payment.
It should be short and meaningful. It should not be the name of a cell or function in Excel. It should be easy to remember. It should be unique.
by default what themes is applied to a chart when it is copies from excel and pasted into word
PV is a function in Excel for returning the present value of an investment based on a constant interest rate and payment schedule.
There is no step function in Excel. However, you can use excel to create a Step Function Chart. See related links for a video to explain the process.
Function
In Excel Where are the various function categories stored on the Ribbon?
There is no function of that name in Excel. There is a function called VLOOKUP which stands for Vertical Lookup, and is probably what you mean.
functions of excel
Although Microsoft excel does not include a function for determining compound interest , you can use following formula for this calculation.=PV*(1+r)^NWhere PV = Present Valuer = Interest RateN = No of investment period.E.g1000 is deposit amount at 10% interest for 5 years, then formula is=1000*(1+0.10)^5The answer will be 1,610.51
A nested if.