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 ...

The PMT function is an Excel Financial function that returns the periodic payment for an annuity. The formula for the PMT function is PMT(rate,nper,pv, [fv], [type]). The NPV function returns the net ...

Too many financial decisions are made without factoring in the time value of money. Whether providing financial planning advice related to a client’s retirement, advising a client about a business ...

Suppose you are a project manager using Excel to track your team’s tasks. You have created a database with columns like Tasks, Assignee, Status, and Due Date. Now you want to ch ...

Microsoft's Excel program, widely used in business, comes with many built-in functions that perform mathematical and logical operations on spreadsheet data. In Excel, functions are simple formulas you ...

Microsoft Excel 2010 can be a huge help for a business when it comes to crunching the businesses numbers. Excel has a number of financial functions revolving around the periodic interest rate, which ...

We're fans of online budgeting tools, but using a good, old-fashioned spreadsheet can work just as well. Go Banking Rates illustrates the Excel formulas that can help you budget. They explain there ...

Simpler and faster is always better in Excel. We start with some of my favorite shortcuts, then move on to using Excel for everyday situations such as finding random numbers for passwords, or random ...

When teaching financial accounting, faculty often discuss bonds payable and how to calculate the issue price of a bond. The next time you cover this topic, consider teaching students how to calculate ...