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Microsoft Excel provides a series of functions destined to perform various types of financially related operations.
The Present Value which is the current value of an investment or a loan,The Future Value is the value the loan or investment will have when the loan is paid off or when the investment is over,The Number Of Periods which is the number of payments that make up a full cycle of a loan or an investment,Calculating the Future Value of an investment, Calculating the Monthly Payments of a Loan,The Amount Paid As Interest During a Period,Evaluating the Amount Paid As Principal, Evaluating the Amount Paid As Principal are a few examples of excel functions which are useful for accountants / auditors