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 ...

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 ...

Discover 15 modern Excel functions for 2026, including Group By and Scan, so you speed up your workflows, summaries and ...

Too many financial decisions are made without factoring in the time value of money. Whether providing financial planning advice related to a client’s retirement, advising a client about a business ...

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 ...

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 ...

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 ...

Spreadsheet programs are effective tools for successful businesses. These programs can significantly reduce the time needed to create reports and financial statements used to manage a business. Most ...

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 ...