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.

In cell B4, enter the formula "=-PMT(B2/1200,B3*12,B1)" to have Excel automatically calculate the monthly payment.For example, if you had a $25,000 loan at 6.5 percent annual interest for 10 years ...

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A straight ranking result is easy using one of Microsoft Excel’s ranking functions. Calculating a conditional rank is even easier if you let an Excel PivotTable do all the work.

Setting up an Excel spreadsheet to calculate time worked. Follow these steps: In A1, enter Time In. In B1, enter Time Out. In C1, enter Hours Worked.

The ratio data in Excel is the comparison of two values. For example, value 1 is how many times value 2. There are different ways to calculate and show ratios in Excel. You can use any of these ...

If you are using monthly periods, rather than annual periods, you may enter "=RATE(A2,A4,A3)*12" to calculate the annual interest rate. Advertisement Article continues below this ad ...

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Suzanne is a content marketer, writer, and fact ...

How to Calculate NPV in Excel Using XNPV Function . To calculate the NPV of an investment project, you must consider the present value of all cash receipts and all cash disbursements related to ...

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