When calculating the CAGR, you must first add the periods and the values for each period. To do this, you need a column focused on Years and another column focused on the Amount. If you are still ...

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 ...

It creates a reusable function that takes three inputs: actual sales, sales quota, and a weighting factor. It returns a ...

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 ...

Learn what compound interest is, how it’s calculated—from annual rates to continuous compounding—and why it’s powerful for savings (and dangerous for debt).

A new COPILOT function in Excel lets you use AI in a formula. The new skill is now available to Microsoft 365 insiders. Reduces some of the complexity involved in creating formulas. Get more in-depth ...

Have you ever found yourself staring at a tangled web of formulas in Excel, wondering if there’s a better way to make sense of it all? You’re not alone. Whether you’re managing large datasets, ...

The concatenate function may not be as well known as other common Excel features such as IF and VLOOKUP, but it’s still effective, even though it performs a more simple function in nature. If you are ...