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 ...

When it comes to Microsoft Excel, most of us use the same handful of functions like SUM, AVERAGE, COUNT, and other generic ones, and end up doing a ton of manual work. But what if there was a better ...

SUMIF, SUMIFS, AVERAGEIFS, and COUNTIFS are commonly used accounting functions in Microsoft Excel. These formulas are used to calculate cell values based on the criteria you have described or ...

Excel can be a time sink. If you are tired of wrestling with VLOOKUPs, filtering data, and text manipulation, it’s time to adopt these key Excel functions and shortcuts. From complex data lookups and ...

Excel has over 475 formulas in its Functions Library, from simple mathematics to very complex statistical, logical, and engineering tasks such as IF statements (one of our perennial favorite stories); ...

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 ...

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 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amy is an ACA and the CEO and founder of ...