Say, you have been investing in mutual funds through the systematic investment plan (SIP) route. Now, you want to check what returns you have made. Microsoft (MS) Excel can help you do this with ...
Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. David Kindness is a Certified Public Accountant ...
IRR calculates the return rate at which a project's net value totals zero. Using Excel's XIRR, FoolCo finds buying new machinery earns a higher IRR of 26.5%. IRR considerations exclude cash flow ...
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 ...
The pace at which data is now being created and collected has transformed the world we live in. Legacy systems are rapidly becoming outdated, and the data explosion of the past decade, exacerbated by ...
As someone deeply involved in the world of finance and accounting, I heavily rely on the power and versatility of Microsoft Excel. It’s not just about spreadsheets ...
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 ...