Excel

PRICE: Excel Formulae Explained

How do you use PRICE in Excel?

The PRICE function in Excel is used to calculate the price of a security that has been given a series of payments. The function takes into account the purchase price, the number of payments, and the interest rate of the security. The function can be used to calculate the price of a security that has been given a series of payments, or to calculate the future value of a security that has been given a series of payments.

What is the syntax of PRICE in Excel?

The syntax for the PRICE function in Excel is:

PRICE(cost,sell_price,tax,commission)

cost is the initial cost of the item sell_price is the price at which you will sell the item tax is the amount of tax you will charge on the sale commission is the commission you will receive on the sale

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

The PRICE function in Excel is used to calculate the price of a bond given the face value, the yield, and the time to maturity. For example, if you have a bond with a face value of $1,000 and a yield of 6%, the PRICE function in Excel would calculate the price of the bond as $1,060.

When should you not use PRICE in Excel?

There are a few occasions when you should not use PRICE in Excel. One instance is when you are trying to calculate the price per unit of a product. In this case, you would use the function CONVERT. Another time you should not use PRICE is when you are trying to calculate the depreciation of an asset. In this case, you would use the function SLN.

What are some similar formulae to PRICE in Excel?

The following are some similar formulae to PRICE in Excel:

-PRICE(array, ref, [type]) - This function calculates the price of an item based on the given array and reference. The type parameter can be either 0 (default) or 1, and specifies whether to use the first or last item in the array as the reference.

-PRICEB(array, ref, [type]) - This function calculates the price of a series of items based on the given array and reference. The type parameter can be either 0 (default) or 1, and specifies whether to use the first or last item in the array as the reference.

-PRICED(array, ref, [type]) - This function calculates the price of a series of items based on the given array and reference. The type parameter can be either 0 (default) or 1, and specifies whether to use the first or last item in the array as the reference. The difference between this function and PRICEB is that PRICED returns a decimal value rather than an integer.

-PRICEIF(conditional_expression, array, ref, [type]) - This function calculates the price of an item based on the given array and reference, and only returns a value if the conditional_expression is true. The type parameter can be either 0 (default) or 1, and specifies whether to use the first or last item in the array as the reference.

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