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Maxim Kadushkin 035166509d Merge pull request #2755 from ONLYOFFICE/feature/update-lunr-without-kor
Feature/update lunr without kor
2023-12-21 16:25:39 +03:00

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<title>ACCRINTM Function</title>
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<h1>ACCRINTM Function</h1>
<p>The <b>ACCRINTM</b> function is one of the <a href="../UsageInstructions/InsertFunction.htm#financial" onclick="onhyperlinkclick(this)">financial functions</a>. It is used to calculate the accrued interest for a security that pays interest at maturity.</p>
<h3>Syntax</h3>
<p><b><em>ACCRINTM(issue, settlement, rate, par, [basis])</em></b></p>
<p>The <b>ACCRINTM</b> function has the following arguments:</p>
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<th style="background-color: #f4f4f4" width="150ch"><b>Argument</b></th>
<th style="background-color: #f4f4f4"><b>Description</b></th>
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<td><b><em>issue</em></b></td>
<td>The issue date of the security.</td>
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<td><b><em>settlement</em></b></td>
<td>The maturity date of the security.</td>
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<td><b><em>rate</em></b></td>
<td>The annual interest rate of the security.</td>
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<td><b><em>par</em></b></td>
<td>The par value of the security. It is an optional argument. If it is omitted, the function will assume <b><em>par</em></b> to be $1000.</td>
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<td><b><em>basis</em></b></td>
<td>The day count basis to use, a numeric value greater than or equal to 0, but less than or equal to 4. It is an optional argument. The possible values are listed in the table below.</td>
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<p>The <b><em>basis</em></b> argument can be one of the following:</p>
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<th style="background-color: #f4f4f4"><b>Numeric value</b></th>
<th style="background-color: #f4f4f4"><b>Count basis</b></th>
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<td><b><em>0</em></b></td>
<td>US (NASD) 30/360</td>
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<td><b><em>1</em></b></td>
<td>Actual/actual</td>
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<td><b><em>2</em></b></td>
<td>Actual/360</td>
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<td><b><em>3</em></b></td>
<td>Actual/365</td>
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<td><b><em>4</em></b></td>
<td>European 30/360</td>
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<h3>Notes</h3>
<p>Dates must be entered by using the <a href="Date.htm" onclick="onhyperlinkclick(this)">DATE</a> function.</p>
<p><a href="../UsageInstructions/InsertFunction.htm#applyfunction" onclick="onhyperlinkclick(this)">How to apply</a> the <b>ACCRINTM</b> function.</p>
<h3>Examples</h3>
<p>The figure below displays the result returned by the <b>ACCRINTM</b> function.</p>
<p><img alt="ACCRINTM Function" src="../images/accrintm.png" /></p>
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