function

DAX ACCRINT Function

Admin2 months ago2 months ago02 mins

The DAX ACCRINT function calculates the accrued interest for a security that pays periodic interest. It takes several arguments, including the issue date, first interest date, settlement date, annual coupon rate, par value, frequency of payments, day count basis, and a logical value to determine the calculation method. The function returns the total accrued interest…

DAX ABS Function

Admin2 months ago2 months ago01 mins

ABS stands for Absolute Value. It takes a number as input and returns its distance from zero, basically ignoring the positive or negative sign. So, ABS(5) returns 5, and ABS(-3) returns 3. You can use ABS to convert negative numbers into positives for calculations that only work with non-negative values. Imagine you need to find…