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Week 4-5

The document outlines various financial and statistical functions in Excel, including COUNTA, COUNTIF, AVERAGEIF, SUMIFS, PMT, PV, and FV. Each function is described with its structure and purpose, such as counting non-empty cells, averaging based on criteria, and calculating present and future values of loans or investments. Key statistical measures like mean, median, mode, and rank are also highlighted with examples.

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ADITYA PRATAP
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18 views

Week 4-5

The document outlines various financial and statistical functions in Excel, including COUNTA, COUNTIF, AVERAGEIF, SUMIFS, PMT, PV, and FV. Each function is described with its structure and purpose, such as counting non-empty cells, averaging based on criteria, and calculating present and future values of loans or investments. Key statistical measures like mean, median, mode, and rank are also highlighted with examples.

Uploaded by

ADITYA PRATAP
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Financial

Functions
• Statistic Functions
Outline • Financial Functions
Statistic Functions

• The COUNTA function counts the number of non-


empty cells in a range. It includes text, numbers,
logical values (TRUE/FALSE).
• It does not count truly empty cells.
• The COUNTIF function counts the number of cells in a
range that meet a specified condition (criteria).
• The structure of a COUNTIF function is =COUNTIF(range,criteria).
COUNTA function
COUNTIF function
AVERAGEIF function

• The structure of an AVERAGEIF function is =AVERAGEIF(range, criteria, average_range)


where
• range is the cells to be tested for the criterion;
• criteria is the conditional statement used to select cells; and
• average_range is the range containing the values that you want to average.
AVERAGEIF function
SUMIFS

Key
Statistical The SUMIFS function is used to add
cells that meet multiple criteria
Functions using the formula

=SUMIF(criteria_range,criteria,sum_
range)
SUMIFS Function
Mean (Average): Add all numbers and divide
by the total count.
• Example: =AVERAGE(A2:A6)

Key Median: The middle number when all values are


arranged in order.
Statistical • Example: =MEDIAN(A2:A6)
Functions
Mode: The number that appears the most in a
dataset.
• Example: =MODE.SNGL(A2:A6)

RANK: The function assigns a rank to a number


in a list. Example - =RANK(C2, C$2:C$6, 1) 1:
Ranks in ascending order. 0 or omitted:
Ranks in descending order
PMT function:
• rate: The interest rate for the loan per period.
For example, if the annual interest rate is 6%
and payments are monthly, the rate per period
would be 6%/12 (or 0.5%).
• nper: The total number of payments for the
loan. For example, for a 5-year loan with
monthly payments, nper would be 5*12 (or 60).
Financial • pv: The present value, or the total loan amount

Functions (principal).
• [fv]: (Optional) The future value or cash
balance after the last payment. For loans, this
is typically 0 (default).
• [type]: (Optional) When payments are due:
• 0 (default): Payments are due at the end of
the period.
• 1: Payments are due at the beginning of
the period.
• The PV (Present Value) is the current value of
a sum of money that you will receive or pay in
the future, but it is discounted to reflect its
PV value today. In simple terms, it answers the
question: "How much is a future amount worth
(Present right now?"
• For example, if someone promises to pay you
Value) $100 a year from now, the present value of that
$100 today will be less than $100, because
money today is worth more than money in the
future due to factors like inflation or interest
rates.
• The FV (Future Value) function in Excel helps
you calculate the future value of an investment
PV Function or loan based on constant payments and a
fixed interest rate.
• The syntax for the FV function is:
• =FV(rate,nper,pmt,pv,type)=FV(rate,nper,pmt,
pv,type)
Thank You

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