Excel

FINV: Excel Formulae Explained

How do you use FINV in Excel?

FINV is used in Excel to find the inverse of a function. To use FINV, you need to know the function's equation and input values. FINV will then calculate the inverse of the function and return the result.

What is the syntax of FINV in Excel?

FINV is an Excel function that calculates the inverse of the given financial investment function. The syntax for FINV is as follows:

=FINV(function_num, rate, nper, pmt, pv, fv, type)

Where:

function_num is the number of the financial investment function to be inverted rate is the interest rate per period nper is the number of periods pmt is the payment per period pv is the present value fv is the future value type is the type of payment (0 for periodic, 1 for annuity due, 2 for annuity due deferred, 3 for balloon)

What is an example of how to use FINV in Excel?

FINV is a financial function used in Excel to calculate the inverse of a given financial function. An example of how to use FINV in Excel would be to use it to calculate the inverse of the NPV function. The NPV function calculates the net present value of a series of cash flows, given a discount rate. The FINV function can be used to calculate the net present value of a series of cash flows, given a discount rate, in reverse.

When should you not use FINV in Excel?

There are a few occasions when you should not use FINV in Excel. One is when you are trying to calculate the inverse of a matrix, as this is not a supported function. Another is when you are trying to calculate the inverse of a function, as this is also not supported. Finally, you should not use FINV when you are trying to find the financial value of a security, as this is not its intended purpose.

What are some similar formulae to FINV in Excel?

FINV is the financial inverse of a given value. It takes the value of a given security and finds the inverse of its price on the market. Other formulae that have a similar function in Excel are: 1/FINV (which returns the inverse of the given value), NPV (which finds the present value of a given series of cash flows), and IRR (which finds the internal rate of return for a given series of cash flows).

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