Google Sheets

FINV: Google Sheets Formulae Explained

How do you use FINV in Google Sheets?

FINV is a financial function that is used to calculate the inverse of a given financial function. In Google Sheets, FINV can be used to calculate the rate of return on an investment. To do this, you would first need to enter the initial investment amount, the amount of time the investment is held, and the final investment amount. FINV will then calculate the rate of return on the investment.

What is the syntax of FINV in Google Sheets?

FINV is the inverse of the normal distribution function. In Google Sheets, the syntax for FINV is FINV(x,1,2). This function takes a single number input, x, and returns the inverse of the normal distribution for that number. The first two parameters, 1 and 2, are the mean and standard deviation of the distribution, respectively.

What is an example of how to use FINV in Google Sheets?

FINV is a function in Google Sheets that returns the inverse of a matrix. To use it, you need to know the dimensions of the matrix you're trying to inverse. Then, you simply enter the following formula into a cell:

=FINV(A)

Where "A" is the name of the matrix you want to inverse.

When should you not use FINV in Google Sheets?

There are a few instances when you should not use FINV in Google Sheets. One is when you have a column of numbers and you want to find the median of that column. In this case, you should use the AVERAGE function. Another instance is when you have a list of data and you want to find the smallest or largest value in that list. In this case, you should use the MIN or MAX function.

What are some similar formulae to FINV in Google Sheets?

FINV is the inverse of the FV function in Google Sheets. It calculates the present value of a future amount, based on an interest rate and a number of periods. Other similar formulae to FINV include the NPV function, which calculates the net present value of a series of cash flows, and the IRR function, which calculates the internal rate of return for a series of cash flows.

Move beyond 

Google Sheets

Get started with Causal today.
Build models effortlessly, connect them directly to your data, and share them with interactive dashboards and beautiful visuals.