Finanzmathematik Funktionen

[ ] indicates optional parameters

AMORDEGRK(Kosten; Datum; Erste_Periode; Restwert; Periode; Rate; [Basis])
AMORLINEARK(Kosten; Datum; Erste_Periode; Restwert; Periode; Rate; [Basis])
AUFGELZINS(Emission; Erster_Zinstermin; Abrechnung; Nominalzins; Nennwert; Häufigkeit; [Basis])
AUFGELZINSF(Emission; Abrechnung; Nominalzins; [Nennwert]; [Basis])
AUSZAHLUNG(Abrechnung; Fälligkeit; Anlage; Disagio; [Basis])
BW(Zins; Zzr; Rmz; [Zw]; [F])
DIA(Ansch_Wert; Restwert; Nutzungsdauer; Zr)
DISAGIO(Abrechnung; Fälligkeit; Kurs; Rückzahlung; [Basis])
DURATION(Abrechnung; Fälligkeit; coupon; Rendite; Häufigkeit; [Basis])
EFFEKTIV(Nominalzins; Perioden)
GDA(Ansch_Wert; Restwert; Nutzungsdauer; Periode; [Faktor])
GDA2(Ansch_Wert; Restwert; Nutzungsdauer; Periode; [Monate])
IKV(Wert; [Schätzwert])
ISPMT(Zins; Zr; Zzr; Bw)
KAPZ(Zins; Zr; Zzr; Bw; [Zw]; [F])
KUMKAPITAL(Zins; Perioden; Bw; Anfang; Ende; F)
KUMZINSZ(Zins; Perioden; Bw; Anfang; Ende; F)
KURS(Abrechnung; Fälligkeit; Zins; Rendite; Rückzahlung; Häufigkeit; [Basis])
KURSDISAGIO(Abrechnung; Fälligkeit; Disagio; Rückzahlung; [Basis])
KURSFÄLLIG(Abrechnung; Fälligkeit; Emission; Zins; Rendite; [Basis])
LIA(Ansch_Wert; Restwert; Nutzungsdauer)
MDURATION(Abrechnung; Fälligkeit; coupon; Rendite; Häufigkeit; [Basis])
NBW(Zins; Wert1; [Wert2; ...])
NOMINAL(Effektiver_Zins; Perioden)
NOTIERUNGBRU(Zahl; Teiler)
NOTIERUNGDEZ(Zahl; Teiler)
QIKV(Werte; Investition; Reinvestition)
RENDITE(Abrechnung; Fälligkeit; Zins; Kurs; Rückzahlung; Häufigkeit; [Basis])
RENDITEDIS(Abrechnung; Fälligkeit; Kurs; Rückzahlung; [Basis])
RENDITEFÄLL(Abrechnung; Fälligkeit; Emission; Zins; Kurs; [Basis])
RMZ(Zins; Zzr; [Bw]; [Zw]; [F])
TBILLKURS(Abrechnung; Fälligkeit; Disagio)
TBILLRENDITE(Abrechnung; Fälligkeit; Kurs)
TBILLÄQUIV(Abrechnung; Fälligkeit; Disagio)
UNREGER.KURS(Abrechnung; Fälligkeit; Emission; first_coupon_date; Zins; Rendite; Rückzahlung; Häufigkeit; [Basis])
UNREGER.REND(Abrechnung; Fälligkeit; Emission; first_coupon_date; Zins; Kurs; Rückzahlung; Häufigkeit; [Basis])
UNREGLE.KURS(Abrechnung; Fälligkeit; last_coupon_date; Zins; Rendite; Rückzahlung; Häufigkeit; [Basis])
UNREGLE.REND(Abrechnung; Fälligkeit; last_coupon_date; Zins; Kurs; Rückzahlung; Häufigkeit; [Basis])
VDB(Ansch_Wert; Restwert; Nutzungsdauer; Anfang; Ende; [Faktor]; [Nicht_wechseln])
XINTZINSFUSS(Werte; Zeitpunkte; [Schätzwert])
XKAPITALWERT(Zins; Werte; Zeitpunkte)
ZINS(Zzr; Rmz; Bw; [Zw]; [F]; [Schätzwert])
ZINSSATZ(Abrechnung; Fälligkeit; Anlage; Rückzahlung; [Basis])
ZINSTERMNZ(Abrechnung; Fälligkeit; Häufigkeit; [Basis])
ZINSTERMTAGE(Abrechnung; Fälligkeit; Häufigkeit; [Basis])
ZINSTERMTAGNZ(Abrechnung; Fälligkeit; Häufigkeit; [Basis])
ZINSTERMTAGVA(Abrechnung; Fälligkeit; Häufigkeit; [Basis])
ZINSTERMVZ(Abrechnung; Fälligkeit; Häufigkeit; [Basis])
ZINSTERMZAHL(Abrechnung; Fälligkeit; Häufigkeit; [Basis])
ZINSZ(Zins; Zr; Zzr; Bw; [Zw]; [F])
ZW(Zins; Zzr; Rmz; [Bw]; [F])
ZW2(Kapital; Zinsen)
ZZR(Zins; Rmz; Bw; [Zw]; [F])


Finanzmathematik Funktionen

AMORDEGRK(Kosten; Datum; Erste_Periode; Restwert; Periode; Rate; [Basis])

Returns the depreciation for each accounting period.

KostenThe cost.
DatumThe purchase date.
Erste_PeriodeThe end date of the first period.
RestwertThe salvage value.
PeriodeThe period for which you want to calculate the depreciation.
RateThe depreciation rate.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


AMORLINEARK(Kosten; Datum; Erste_Periode; Restwert; Periode; Rate; [Basis])

Returns the depreciation for each accounting period.

KostenThe cost.
DatumThe purchase date.
Erste_PeriodeThe end date of the first period.
RestwertThe salvage value.
PeriodeThe period for which you want to calculate the depreciation.
RateThe depreciation rate.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


AUFGELZINS(Emission; Erster_Zinstermin; Abrechnung; Nominalzins; Nennwert; Häufigkeit; [Basis])

Returns accrued interest for a security that pays periodic interest.

EmissionThe issue date.
Erster_ZinsterminThe first interest date.
AbrechnungThe settlement date.
NominalzinsThe annual coupon rate.
NennwertThe par value.
HäufigkeitThe number of interest payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


AUFGELZINSF(Emission; Abrechnung; Nominalzins; [Nennwert]; [Basis])

Returns accrued interest for a security that pays interest at maturity.

EmissionThe issue date.
AbrechnungThe maturity date.
NominalzinsThe annual coupon rate.
NennwertThe par value. If this parameter is omitted it defaults to 1000.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


AUSZAHLUNG(Abrechnung; Fälligkeit; Anlage; Disagio; [Basis])

Returns the amount received at maturity for a fully invested security.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
AnlageThe investment amount.
DisagioThe discount rate.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


BW(Zins; Zzr; Rmz; [Zw]; [F])

Returns the present value of an investment at a fixed rate.

ZinsThe interest rate per period.
ZzrThe total number of periods.
RmzThe payment amount each period.
ZwThe future value. If this parameter is omitted it is assumed to be zero.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.
If this parameter is omitted it defaults to 0.


DIA(Ansch_Wert; Restwert; Nutzungsdauer; Zr)

Returns the sum of years depreciation.

Ansch_WertThe cost.
RestwertThe salvage value.
NutzungsdauerThe total number of periods.
ZrThe period for which you want the depreciation.


DISAGIO(Abrechnung; Fälligkeit; Kurs; Rückzahlung; [Basis])

Returns the discount rate for a security.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
KursThe price per $100 value.
RückzahlungThe redemption per $100 value.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


DURATION(Abrechnung; Fälligkeit; coupon; Rendite; Häufigkeit; [Basis])

Returns the Macauley duration for a value of $100.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
couponThe interest rate.
RenditeThe annual yield rate.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


EFFEKTIV(Nominalzins; Perioden)

Returns the effective annual interest rate.

NominalzinsThe nominal annual interest rate.
PeriodenThe number of compound interest payments per year.


GDA(Ansch_Wert; Restwert; Nutzungsdauer; Periode; [Faktor])

Returns the depreciation in a specified period using the double declining balance method.

Ansch_WertThe cost.
RestwertThe salvage value.
NutzungsdauerThe total number of periods.
PeriodeThe period number for which to calculate depreciation.
FaktorThe rate at which the balance declines. If this parameter is omitted it defaults to 2.


GDA2(Ansch_Wert; Restwert; Nutzungsdauer; Periode; [Monate])

Returns the depreciation in a specified period using the fixed declining balance method.

Ansch_WertThe cost.
RestwertThe salvage value.
NutzungsdauerThe total number of periods.
PeriodeThe period number for which to calculate depreciation.
MonateThe number of months in the first year. If this parameter is omitted it defaults to 12.


IKV(Wert; [Schätzwert])

Returns the internal rate of return.

WertThe list (array or reference) of payment and income values.
SchätzwertThe estimated rate of return. If this parameter is omitted it defaults to 0,1.


ISPMT(Zins; Zr; Zzr; Bw)

Returns the interest payment for a given period.

ZinsThe interest rate per period.
ZrThe period for which you want the interest amount.
ZzrThe total number of periods.
BwThe present value.


KAPZ(Zins; Zr; Zzr; Bw; [Zw]; [F])

Returns the payment on the principal for a specified period.

ZinsThe interest rate per period.
ZrThe period for which you want the payment amount.
ZzrThe total number of periods.
BwThe present value of the loan.
ZwThe future value of the loan. If this parameter is omitted it defaults to 0.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.
If this parameter is omitted it defaults to 0.


KUMKAPITAL(Zins; Perioden; Bw; Anfang; Ende; F)

Returns the cumulative principal paid on a loan in the specified periods.

ZinsThe interest rate.
PeriodenThe total number of periods.
BwThe present value.
AnfangThe first period number for which to calculate interest.
EndeThe last period number for which to calculate interest.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.


KUMZINSZ(Zins; Perioden; Bw; Anfang; Ende; F)

Returns the cumulative interest paid on a loan in the specified periods.

ZinsThe interest rate.
PeriodenThe total number of periods.
BwThe present value.
AnfangThe first period number for which to calculate interest.
EndeThe last period number for which to calculate interest.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.


KURS(Abrechnung; Fälligkeit; Zins; Rendite; Rückzahlung; Häufigkeit; [Basis])

Returns the price per $100 of a security.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
ZinsThe annual coupon rate.
RenditeThe annual yield rate.
RückzahlungThe redemption value per $100.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


KURSDISAGIO(Abrechnung; Fälligkeit; Disagio; Rückzahlung; [Basis])

Returns the price per $100 of a discounted security.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
DisagioThe discount rate.
RückzahlungThe redemption value per $100.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


KURSFÄLLIG(Abrechnung; Fälligkeit; Emission; Zins; Rendite; [Basis])

Returns the price per $100 of a security that pays interest at maturity.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
EmissionThe issue date.
ZinsThe interest rate.
RenditeThe annual yield rate.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


LIA(Ansch_Wert; Restwert; Nutzungsdauer)

Returns the straight line depreciation.

Ansch_WertThe cost.
RestwertThe salvage value.
NutzungsdauerThe total number of periods.


MDURATION(Abrechnung; Fälligkeit; coupon; Rendite; Häufigkeit; [Basis])

Returns the modified Macauley duration for a value of $100.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
couponThe interest rate.
RenditeThe annual yield rate.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


NBW(Zins; Wert1; [Wert2; ...])

Returns the net present value of an investment.

ZinsThe discount rate per period.
Wert1; ...The payment and income amounts.


NOMINAL(Effektiver_Zins; Perioden)

Returns the nominal annual interest rate.

Effektiver_ZinsThe effective annual interest rate.
PeriodenThe number of compound interest payments per year.


NOTIERUNGBRU(Zahl; Teiler)

Returns the fraction equivalent of a dollar price expressed as a decimal.

ZahlThe value expressed as a decimal.
TeilerThe fraction denominator.


NOTIERUNGDEZ(Zahl; Teiler)

Returns the decimal equivalent of a dollar price expressed as a fraction.

ZahlThe value expressed as a fraction.
TeilerThe fraction denominator.


QIKV(Werte; Investition; Reinvestition)

Returns the modified internal rate of return.

WerteThe list (array or reference) of payment and income values.
InvestitionThe interest rate on the payment values.
ReinvestitionThe interest rate on the income values.


RENDITE(Abrechnung; Fälligkeit; Zins; Kurs; Rückzahlung; Häufigkeit; [Basis])

Returns the yield on a security.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
ZinsThe annual coupon rate.
KursThe price per $100.
RückzahlungThe redemption value per $100.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


RENDITEDIS(Abrechnung; Fälligkeit; Kurs; Rückzahlung; [Basis])

Returns the annual yield for a discounted security.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
KursThe price per $100.
RückzahlungThe redemption value per $100.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


RENDITEFÄLL(Abrechnung; Fälligkeit; Emission; Zins; Kurs; [Basis])

Returns the annual yield of a security that pays interest at maturity.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
EmissionThe issue date.
ZinsThe interest rate.
KursThe price per $100.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


RMZ(Zins; Zzr; [Bw]; [Zw]; [F])

Returns the payment amount for a loan.

ZinsThe interest rate per period.
ZzrThe total number of periods.
BwThe present value of the loan. If this parameter is omitted it defaults to 0.
ZwThe future value of the loan. If this parameter is omitted it defaults to 0.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.
If this parameter is omitted it defaults to 0.


TBILLKURS(Abrechnung; Fälligkeit; Disagio)

Returns the price per $100 for a treasury bill.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
DisagioThe discount rate.


TBILLRENDITE(Abrechnung; Fälligkeit; Kurs)

Returns the yield for a treasury bill.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
KursThe price per $100.


TBILLÄQUIV(Abrechnung; Fälligkeit; Disagio)

Returns the bond-equivalent yield for a treasury bill.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
DisagioThe discount rate.


UNREGER.KURS(Abrechnung; Fälligkeit; Emission; first_coupon_date; Zins; Rendite; Rückzahlung; Häufigkeit; [Basis])

Returns the price per $100 face value of a security having an odd (short or long) first period.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
EmissionThe issue date.
first_coupon_dateThe first coupon date.
ZinsThe annual coupon rate.
RenditeThe annual yield rate.
RückzahlungThe redemption value per $100.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


UNREGER.REND(Abrechnung; Fälligkeit; Emission; first_coupon_date; Zins; Kurs; Rückzahlung; Häufigkeit; [Basis])

Returns the yield of a security having an odd (short or long) first period.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
EmissionThe issue date.
first_coupon_dateThe first coupon date.
ZinsThe annual coupon rate.
KursThe price per $100.
RückzahlungThe redemption value per $100.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


UNREGLE.KURS(Abrechnung; Fälligkeit; last_coupon_date; Zins; Rendite; Rückzahlung; Häufigkeit; [Basis])

Returns the price per $100 face value of a security having an odd (short or long) last period.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
last_coupon_dateThe last coupon date.
ZinsThe annual coupon rate.
RenditeThe annual yield rate.
RückzahlungThe redemption value per $100.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


UNREGLE.REND(Abrechnung; Fälligkeit; last_coupon_date; Zins; Kurs; Rückzahlung; Häufigkeit; [Basis])

Returns the yield of a security having an odd (short or long) last period.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
last_coupon_dateThe last coupon date.
ZinsThe annual coupon rate.
KursThe price per $100.
RückzahlungThe redemption value per $100.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


VDB(Ansch_Wert; Restwert; Nutzungsdauer; Anfang; Ende; [Faktor]; [Nicht_wechseln])

Returns the depreciation in a specified range of periods using the variable declining balance method.

Ansch_WertThe cost.
RestwertThe salvage value.
NutzungsdauerThe total number of periods.
AnfangThe first period number for which to calculate depreciation.
EndeThe last period number for which to calculate depreciation.
FaktorThe rate at which the balance declines. If this parameter is omitted it defaults to 2.
Nicht_wechselnSpecifies whether to switch to straight-line depreciation when the straight-line depreciation is greater than the declining balance depreciation. The possible values are:
FALSCHSwitch to straight-line depreciation.
WAHRDo not switch to straight-line depreciation.
If this parameter is omitted it defaults to FALSCH.


XINTZINSFUSS(Werte; Zeitpunkte; [Schätzwert])

Returns the internal rate of return.

WerteThe list (array or reference) of payment and income values.
ZeitpunkteThe list (array or reference) of the dates of the payment and income values.
SchätzwertThe estimated rate of return. If this parameter is omitted it defaults to 0,1.


XKAPITALWERT(Zins; Werte; Zeitpunkte)

Returns the net present value of an investment.

ZinsThe discount rate per period.
WerteThe list (array or reference) of payment and income values.
ZeitpunkteThe list (array or reference) of the dates of the payment and income values.


ZINS(Zzr; Rmz; Bw; [Zw]; [F]; [Schätzwert])

Returns the interest rate per period of an annuity.

ZzrThe total number of periods.
RmzThe payment amount each period.
BwThe present value.
ZwThe future value. If this parameter is omitted it is assumed to be zero.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.
If this parameter is omitted it defaults to 0.
SchätzwertThe estimated rate of return. If this parameter is omitted it defaults to 0,1.


ZINSSATZ(Abrechnung; Fälligkeit; Anlage; Rückzahlung; [Basis])

Returns the interest rate for a fully invested security.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
AnlageThe initial value.
RückzahlungThe final value.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


ZINSTERMNZ(Abrechnung; Fälligkeit; Häufigkeit; [Basis])

Returns the next coupon date after the settlement date.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


ZINSTERMTAGE(Abrechnung; Fälligkeit; Häufigkeit; [Basis])

Returns the number of days in the coupon period that contains the settlement date.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


ZINSTERMTAGNZ(Abrechnung; Fälligkeit; Häufigkeit; [Basis])

Returns the number of days from the settlement date to the next coupon date.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


ZINSTERMTAGVA(Abrechnung; Fälligkeit; Häufigkeit; [Basis])

Returns the number of days from the beginning of the coupon period to the settlement date.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.

ZINSTERMVZ(Abrechnung; Fälligkeit; Häufigkeit; [Basis])

Returns the coupon date before the settlement date.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.



ZINSTERMZAHL(Abrechnung; Fälligkeit; Häufigkeit; [Basis])

Returns the number of coupon periods between the settlement date and the maturity date.

AbrechnungThe settlement date.
FälligkeitThe maturity date.
HäufigkeitThe number of coupon payments per year. Should be 1, 2 or 4.
BasisThe method used to represent the number of days in the period versus the number of days in a year. The possible values are:
0US (NASD) 30/360
1Actual/actual
2Actual/360
3Actual/365
4European 30/360
If this parameter is omitted it defaults to 0.


ZINSZ(Zins; Zr; Zzr; Bw; [Zw]; [F])

Returns the interest payment for a given period.

ZinsThe interest rate per period.
ZrThe period for which you want the interest amount.
ZzrThe total number of periods.
BwThe present value.
ZwThe future value. If this parameter is omitted it is assumed to be zero.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.
If this parameter is omitted it defaults to 0.


ZW(Zins; Zzr; Rmz; [Bw]; [F])

Returns the future value of an investment at a fixed rate.

ZinsThe interest rate per period.
ZzrThe total number of periods.
RmzThe payment amount each period.
BwThe present value. If this parameter is omitted it is assumed to be zero.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.
If this parameter is omitted it defaults to 0.


ZW2(Kapital; Zinsen)

Returns the future value of an investment at a variable rate.

KapitalThe initial value of the investment.
ZinsenThe list (array or reference) of interest rates to be applied.


ZZR(Zins; Rmz; Bw; [Zw]; [F])

Returns the number of periods required for an investment.

ZinsThe interest rate per period.
RmzThe payment amount per period.
BwThe present value.
ZwThe future value. If this parameter is omitted it defaults to 0.
FThe timing of the payment. The possible values are:
0Payment is made at the end of each period.
1Payment is made at the start of each period.
If this parameter is omitted it defaults to 0.