To apply the dollar currency to a value, select the cell, press Ctrl+1 to launch the Format Cells dialog box, and select "Currency" or "Accounting" in the Number tab. Then, choose the dollar symbol ...

Past performance may or may not be sustained in future.

Learn how to calculate hazard rate, its practical implications in engineering and finance, and why it's critical in predicting survival and failure rates.

Although the individual “imaginary” present values differ from the actual present values, their sum remains the same! This gives you an idea of what the XIRR is. The XIRR is that annualised ...

HELOCs, or home equity lines of credit, give homeowners a way to leverage the growing value of their house for anything from renovations to college tuition — and enjoy 10 years of interest-only ...

Remember to compare XIRR returns with category average and peers. If you are taking the Systematic Investment Plan (SIP) route to invest in mutual funds and build wealth, you need to know how to ...

Microsoft Excel’s mathematical capabilities often go far beyond the needs of most everyday users. However, Excel’s built-in statistical functions make it an essential tool for anyone who works with ...

Have you ever stared at a colorful Excel spreadsheet, wondering how to quickly calculate totals or counts based on cell colors? It’s a common frustration for anyone managing large datasets. While ...

Adding a search field to your spreadsheet can greatly improve data navigation and usability. In this guide, you’ll learn how to create a dynamic search box that filters data based on your input, using ...

Calculating age based on a birthday is a common task, whether for work, school, or personal records. Excel makes this easy with built-in formulas that can quickly determine a person’s age from their ...

In this post, we will show you how to calculate the expiry date in Microsoft Excel. Calculating expiry dates is a common requirement when working with Excel, especially for tracking inventory, ...