Excel ACCRINT Function / Accrued interest calculate in Excel
Description
The Microsoft Excel ACCRINT function returns the accrued interest for a security that pays interest on a periodic basis.
The ACCRINT function is a built-in function in Excel that is categorized as a Financial Function. It can be used as a worksheet function (WS) in Excel. As a worksheet function, the ACCRINT function can be entered as part of a formula in a cell of a worksheet.
Syntax
The syntax for the ACCRINT function in Microsoft Excel is:
ACCRINT( issue_date, first_interest_date, settlement_date, rate, par, frequency, [basis], [calculation_method] )
Returns
The ACCRINT function returns a numeric value.
Applies To
Excel for Office 365, Excel 2019, Excel 2016, Excel 2013, Excel 2011 for Mac, Excel 2010, Excel 2007
Type of Function
Worksheet function (WS)