• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Hour 15. Using Functions > Financial Functions

Financial Functions

Financial functions are used for various financial calculations involving interest rates, loan terms, present values, and future values. Financial functions are essential for performing in-depth financial analysis of purchases, investments, and cash flow.

DDB

The DDB function calculates depreciation using the double declining balance method, which accelerates the rate of depreciation early in the life of an asset. When the asset's book value depreciates to the salvage value, depreciation stops.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint