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Microsoft® Excel® 2010 Formulas & Functions Inside Out by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and Jens Bock

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Using Financial Math Functions

If you want to use the financial math functions of Excel, you will need to be familiar with their use. Excel can provide the calculations but not the interpretation. The Excel functions and the corresponding offline help aren’t a substitute for a relevant textbook.

There is a mistaken belief that the financial math functions of Excel are specially tailored to business and financial mathematics in the United States and have only partial relevance for other countries. Maybe this is the reason that the majority of financial math books steer clear of Excel. If Excel is integrated, it is typically used only as a pure spreadsheet program, and the functions are rarely used. This book is one of the few that explains all the ...

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