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 ...

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 ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax ...

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 ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...