Discover how to calculate internal rate of return (IRR) to evaluate investment opportunities and understand their potential ...

Discover the essentials of XIRR, a powerful tool for accurately measuring investment returns adjusted for time value.

We show you how to create a budget or personal finance dashboard in Excel to keep your expenses in sync with reality. Useful ...

Have you ever crafted the perfect Excel formula, only to be greeted by the dreaded #VALUE! error instead of the seamless results you expected? It’s a frustrating ...

Knowing your net worth and how to calculate it helps you manage money better and become more financially literate. You probably know how much is in your bank account right now. But do you actually ...

A high liquid net worth gives you a greater degree of freedom, since your assets are within your reach instead of being tied up in your business, home, or some other investment vehicle. And if that ...

Founders are often the first investors in their companies. And whether that business gains venture backing, raises money from friends and family, or remains self-funded, it can make determining your ...

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 stared at a spreadsheet, struggling to make sense of percentage calculations that just don’t seem to add up? Whether it’s a confusing formula, a misstep with zero values, or an ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...