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The Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is:NORMINV(probability, mean, standard_dev).Where the function arguments are:he Excel NORMINV function calculates the inverse of the Cumulative Normal Distribution Function for a supplied value of x, and a supplied distribution mean & standard deviation. The format of the function is: NORMINV(probability, mean, standard_dev). Where the function arguments are:
Go with the cash flow: Calculate NPV and IRR in Excel - Choosing the appropriate Excel function. 1  Which Office Excel functions can you use to calculate NPV and IRR? There are five: NPV, XNPV, IRR, XIRR, and MIRR. 2  Note Cash flows are specified as negative, positive, or zero values.