What is DB function in Excel?

Summary. The Excel DB function returns the depreciation of an asset for a specified period using the fixed-declining balance method. The calculation is based on initial asset cost, salvage value, the number of periods over which the asset is depreciated and, optionally, the number of months in the first year.

How do you create a formula for volume in Excel?

The formula for calculating the volume of a sphere in Excel Because of this when changing the radius, you need to rewrite all. But Excel allows us to use an effective solution: In the cell B2 we write down the formula for calculating the volume of a sphere in one line: =(4/3)*PI()*A2^3 (A2 is the cell reference).

What are the 7 basic Excel Formulas?

Seven Basic Excel Formulas For Your Workflow

  • SUM. The SUM function is the first must-know formula in Excel.
  • AVERAGE. The AVERAGE function should remind you of simple averages of data such as the average number of shareholders in a given shareholding pool.
  • COUNT.
  • COUNTA.
  • IF.
  • TRIM.
  • MAX & MIN.

What does Npery mean in Excel?

Number of compounding periods per year
npery – Number of compounding periods per year.

What is the syntax for DB?

=DB(cost, salvage, life, period, [month]) The DB function uses the following arguments: Cost (required argument) – This is the initial cost of the asset. Salvage (required argument) – The value of the asset at the end of the depreciation.

How do I calculate column volume in Excel?

PROCEDURE

  1. Use Volume = pi x radius2 x Length.
  2. pi = 3.14.
  3. r2 and Length should be converted to centimeters.
  4. Diameter of column divided by 2 = radius.
  5. radius x radius = r2
  6. 3.14 x r2 x L = Volume in cm3
  7. cm3 = 1 mL.

What is Nominal_rate in excel?

Summary. The Excel NOMINAL function returns the nominal interest rate when given an effective annual interest rate and the number of compounding periods per year. The effective rate is the actual rate due to compounding. The nominal rate is typically the stated rate.