In this article, I will discuss how you can calculate the principal and interest for a mortgage using a formula in Microsoft Excel. Suppose a $90,000 ...
The forecasting of growth rate is quite an important part of the financial and statistical analysis in Business. Excel offers some amazing features ...
In this tutorial, I will show you how to calculate the amount of gold loan interest in Excel. Before applying for a loan, you can calculate periodic ...
In this article, we’ll discuss how to calculate the future value of an investment in Excel when the CAGR is known. This is also known as the Reverse ...
In some cases especially in financial analysis, you may need to calculate continuous compound interest. In this article, I’ll show you 6 methods as ...
To calculate Principal based on a loan, we need to execute Excel’s PPMT function, and to calculate Interest according to a loan amount, we need to ...
Method 1 - Calculate Daily Interest in Excel to Find Simple Interest
Suppose you have invested $1,000,000 at an annual interest rate of 5%. Let’s ...
While Credit Card is a widely used and convenient financial tool to borrow or lend money from the bank, oftentimes the interest on credit cards could ...
The amount of interest you earn on a loan is known as accrued interest. It is, however, the Sum that has yet to be collected or paid. It accrues on ...
