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ACCRINT is one more Excel function for accountants that enables them to compute the accrued interest over a time period for security. ACCRINT(id, fd, sd, rate, par, freq, basis, calc) ...
Excel has a number of formula functions specifically designed for accounting. For example, ACCRINT will return the accrued interest, ...
The idea that a modern Formula 1 team, building some of the most fantastically advanced and efficient machines on Earth, would be using Excel to build those machines might strike you as odd.