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 ...

Use Excel in your rate card formulas to calculate discounts, dimensions and unit costs of your advertising rate document. Instead of manually calculating each of ...

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

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 ...

Are you wondering how to calculate z-score in Excel? If so, you’ve landed on the right page. In statistics, a z-score tells us how far a data point is from the mean. While Excel still doesn't have an ...

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 ...

The Internal Rate of Return (IRR) is a financial metric used to determine the potential return on investments. It represents the discount rate at which the net present value (NPV) of an investment ...

If you enable the auto-calculate option, Excel will automatically update the formulas when the values change. To see the calculated output instead of the formula, make sure the cell format is set to ...

Create a new Excel worksheet and input your original prices in column A starting from cell A2 (for example). Label the column header as ‘Original Price.’ Step 2: Input the discount percentage In ...