Excel has a number of financial functions revolving around the periodic interest rate, which business owners may occasionally need to determine on certain investments. These functions save ...

Q. I have prepared projections for a proposed project, and I want to calculate the internal rate of return. Instead of using Excel’s IRR function, should I use simple math formulas so others can ...

That’s what we are discussing today: Two helpful Excel ... These functions, FV and NPER, can significantly simplify your financial calculations, saving time and energy on complex math.

Excel has over 475 formulas in its Functions Library, from simple mathematics to very complex ... Enter the function followed by the interest rate divided by 12 (for 12 months), the Term (or ...

You Can Get By in Excel Without Math Skills . Microsoft Excel has so many user-friendly and automated tools that most people with even a basic understanding of math can begin, cre ...

If this sounds all too familiar, don’t worry—there’s a solution that can simplify your work and save you time: Excel’s LET function ... as applying a discount rate or calculating a ...