 Formulas > =PRICEMAT()

# How To Use PRICEMAT() Function in Google Sheets

Description

Calculates the price of a security paying interest at maturity, based on expected yield.

Common questions about the PRICEMAT formula include:
1. What does the PRICEMAT formula do?
2. How do I write a formula using the PRICEMAT function?
3. What arguments do I need to include in the PRICEMAT function?
4. Is there a way to customize the PRICEMAT function to my needs?

The PRICEMAT formula can be used to calculate the difference in price between two items over a specified length of time. The formula can be written using the following syntax: PRICEMAT(start_date,end_date,[items].[attribute]).

The PRICEMAT formula is often mistyped as PRICE-MAT or PRICE MAT.

Common ways the PRICEMAT formula is used inappropriately include:
1. Using the wrong arguments for the PRICEMAT formula, such as specifying the wrong units of measure or incorrectly assigning a start and end date.
2. Not indicating the number of decimal places desired when using the PRICEMAT formula.
3. Not specifying the correct item or attribute within the PRICEMAT function.

Common pitfalls when using the PRICEMAT formula include:
1. Neglecting to use the correct units of measure when writing the PRICEMAT formula.
2. Not taking into account seasonal fluctuations in prices when using the PRICEMAT formula.
3. Not providing enough items or attributes when writing the PRICEMAT formula.

Common mistakes when using the PRICEMAT Formula include:
1. Using the wrong date format when specifying start and end dates.
2. Not ensuring that the items and attributes specified in the PRICEMAT formula are valid.
3. Not double-checking that all of the arguments in the PRICEMAT formula are correct.

Common misconceptions people might have with the PRICEMAT Formula include:
1. Thinking that the PRICEMAT formula only works with numerical values.
2. Believing that the PRICEMAT formula can be used to calculate more than just the difference in price between two items.
3. Assuming that the PRICEMAT formula is only used for calculating the difference in prices between two items over a specified time period.

How To Actually Use PRICEMAT() in Sheets

`PRICEMAT(settlement, maturity, issue, rate, yield, [day_count_convention])`

Looking for a video tutorial? Members can email me anytime! Check out the blogs below for more info on this formula. Or generate your formula. Find more formulas here at BetterSheets.co/formulas

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