In this tutorial, we want to find the monthly payment. Open Microsoft Excel. Use an existing table or create a table. In the cell opposite monthly payment, type =PMT then bracket. We will now enter ...

An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment.

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Microsoft's Excel program, widely used in business, comes with many built-in functions that perform mathematical and logical operations on spreadsheet data. In Excel, functions are simple formulas you ...

An Excel formula is any equation entered into a cell on a Microsoft Excel spreadsheet. These formulas are what make Excel so powerful. Any program can generate a table, and if that's all you're using ...