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 ...

Speak with confidence at your next financial meeting by calculating your gross profit with Microsoft Excel. Excel provides several built-in functions and operators to calculate total cost, revenue and ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...

Excel's VALUE function has only one argument: where a is the value stored as text that you want to convert into a number.

When teaching financial accounting, faculty often discuss bonds payable and how to calculate the issue price of a bond. The next time you cover this topic, consider teaching students how to calculate ...

To use the Duration function in Microsoft Excel, follow the steps below. Launch Excel Create a table or use an existing table Type the formula for the Duration function into the cell you want to place ...

Have you ever found yourself wrestling with Excel, wishing it could just do *that one thing* to make your work easier? Maybe you’ve spent hours manually replacing text, trying to filter data with ...

You can use the PRODUCT() function to multiply monetary values in your Microsoft Excel spreadsheet. Functions allow you to perform a specific set of calculations in a cell, column or row. The PRODUCT( ...

Q. Could you explain how the UNIQUE function works in Excel? A. Excel’s UNIQUE is a dynamic array function that can be an essential tool for data analysts and accountants. This function allows users ...