Calculating Simple Interest is an excellent method to judge your savings in advance. However, calculating it for various interests and principal sums could be complex. This is where Excel comes to ...

Excel’s formula bar has limitations that make writing, debugging, and managing complex formulas challenging. A new tool, the Advanced Formula Environment (AFE), developed by Microsoft for Excel 2019 ...

All of you have learned the formula to calculate the compound interest in your school. Compound and simple interests are among the mathematical applications used in real life for years. At certain ...

Have you ever stared at an Excel spreadsheet, overwhelmed by its complexity, and thought, “There must be a better way to do this”? You’re not alone. Despite being one of the most widely used tools for ...

One area where Microsoft Excel shines is in solving financial problems. Excel contains a broad range of financial functions that can help you understand how a given loan works, what its monthly ...

Calculate the weighted average of interest rates in Microsoft Excel to compute the most accurate average interest rate among a group of lenders who received different rates. When you take a weighted ...

The value of money is not constant. It changes. When borrowed today, it should be paid tomorrow with an extra charge that is known as INTEREST. There are two types of interest – Simple Interest and ...