Ever found yourself puzzled by how to calculate your monthly loan repayments accurately? You’re not alone. Many people struggle with understanding the intricacies of loan amortization. But what if I ...

Microsoft Excel is a widely used spreadsheet program that can use formulas to compute and display values. When your small business is taking out a loan, you need to know how much of each loan payment ...

Last month, we used Goal Seek to determine the most reasonable mortgage payment within a specific budget. This month, we continue with the mortgage example using Scenario Manager. We’ll generate a ...

In this tutorial, we want to find the monthly payment. Open Microsoft Excel. Use an existing table or create a table. In the cell opposite monthly payment, type =PMT then bracket. We will now enter ...

Sometimes persons would use scenarios to try out various values, especially if you know the result you want from the formula but are not sure what input the formula needs to get that result. For ...

Annual gross pay is the amount of money an employee earns per year before deductions like state and federal taxes, 401(k) savings or health insurance premiums are taken out. For both salaried and ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...