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 ...

Speak with confidence at your next financial meeting by calculating your gross profit with Microsoft Excel. Excel provides several built-in functions and operators to calculate total cost, revenue and ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...

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 ...

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 ...

You can use the PRODUCT() function to multiply monetary values in your Microsoft Excel spreadsheet. Functions allow you to perform a specific set of calculations in a cell, column or row. The PRODUCT( ...

Have you ever found yourself wrestling with Excel, wishing it could just do *that one thing* to make your work easier? Maybe you’ve spent hours manually replacing text, trying to filter data with ...

Microsoft is bringing its AI directly into Excel formulas with the Copilot function. It is designed to automatically analyze, categorize and summarize data. Microsoft has ushered in the AI era for ...

Microsoft Excel has turned 40 years old today, marking a milestone age for the trusted spreadsheet software. Initially ...