Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Yarilet Perez is an experienced multimedia ...

Microsoft Excel’s mathematical capabilities often go far beyond the needs of most everyday users. However, Excel’s built-in statistical functions make it an ...

Calculating age based on a birthday is a common task, whether for work, school, or personal records. Excel makes this easy with built-in formulas that can quickly determine a person’s age from their ...

The introduction of the new tax regime in India has left many taxpayers confused, especially when it comes to choosing between the old and new tax regimes. Understanding how these regimes impact your ...

Excel is a spreadsheet with a lot of power. The software can be used to track inventory, track and calculate payroll and a myriad of other calculations. An Excel formula is generally composed of ...

If you are working with a large dataset, knowing its standard deviation is handy as it will let you know the variability in the given dataset. You get to see the ...

Calculating a weighted average in Excel is essential when you need to account for varying degrees of importance among data points. Unlike a simple average calculation that treats all values equally, a ...

We calculate compound interest based on frequency. This frequency is the compound frequency, which refers to the number of times an interest is calculated and added to the principal amount within the ...

Variance is a useful analytical tool when it comes to measuring data, and helps you to calculate the range of numbers in a set of data. This is handy for a multitude of reasons, from calculating ...

It can be beneficial in many situations to display the difference between two numbers as a percentage. Doing so helps to put a change into a more understandable format for the average reader. In this ...