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 ...

When you dive into Excel, you quickly realize the power it holds for data analysis and prediction. Two of the most potent tools at your disposal are the TREND and FORECAST functions. These functions ...

Learn how to calculate payback and discounted payback in Excel with formulas, SCAN, XMATCH, LET, and SWITCH, plus ...

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 ...

Excel's PIVOTBY function allows you to group your figures without needing to recreate your data in a PivotTable. What's more, data summaries created via PIVOTBY automatically update to reflect changes ...

How to turn complex formulas into easy-to-use custom functions using LAMBDA() in Excel Your email has been sent LAMBDA functions are new to Microsoft Excel. With LAMBDA functions, you can turn a ...

Excel's VALUE function has only one argument: where a is the value stored as text that you want to convert into a number. This can be hard-coded inside double quotes or a reference to a cell ...

How to split a column using an IF() function in Excel Your email has been sent We all inherit Microsoft Excel sheets that don’t suit our working routine. If it’s a simple tracking sheet of some sort, ...