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9 Cards in this Set

  • Front
  • Back

=effect()

Calculates the annual percentage rate for an interest rate, given the number of times per year that interest is charged

=nper()

Calculates the number of payments that will be made to pay off a loan given the interest rate, payment amount, and original loan amount.

=pmt()

Calculates the payment amount for a loan given the interest rate, number of payments to be made to pay off the loan, and the original loan amount.

=pv()

Calculates the given CURRENT VALUE (accounting for compounding interest) of an investment given the interest rate, number of payments to be made, and the amount of the payment.

=fv()

Calculates the FUTURE VALUE of an investment given the interest rate, number of payments to be made, and the amount of the payment.

=rate()

Calculates the interest rate earned for an investment given the number of payments, made as part of the investment, the payment amount, and the current value of the investment.

=counta()

Counts the number of cells in a range of cells that are not blank.

=count()

Counts the number of cells in a range of cells that contains numbers.

=correl()

Calculates the correlation coefficient between two sets of values.