Simple way to calculate compound interest in Excel

Compound interest is where interest is credited on a loan or deposit considering the initial principal and the cumulative interest from the time before. A good example is when you invest 700,000/= with a 10% annual interest rate compounded annually. When a year lapses from the initial principal, you get 70,000/= (700,000 x 0.10) as

How to convert pound to Kgs in Excel

How to convert pound to Kgs in Excel

The pound is the name of several units of mass, ranging from 300 to 600 grams. Kilogram KG is the SI unit for mass. 1 lbs (pound) = 0.45359 kgs or 1Kg= 2.20462. Having known how kilograms and pounds relate, it is easy to convert from one unit to the other. Conversion using excel Conversion

How to add Signature into Excel

How to add Signature into Excel

A signature line in Excel resembles a typical signature placeholder that might appear in a printed document or file. An Excel document having a signature added to it, no edits are permitted to the document without invalidating that signature. This allows you and others to know that a document has been viewed and approved as

How to store dates in Excel

How to store dates in Excel

With the increased arithmetic functions of excel, it's important to know how dates are stored since it appears in most excel tasks. Excel normally stores dates in form of numbers referred to as date -serial numbers to help during calculations. A date is usually given a numerical value starting from 1/1/1900 in excel. This is

How to fix memory/disk space error in Excel

How to fix memory/disk space error in Excel

Usually, it is so annoying when memory/ disk space error messages keep popping on your excel sheet when you still have a lot to do. Microsoft Excel cannot open or save any more documents because there is not enough available memory or disk space. Sometimes you might have deadlines to meet, so you should know

How to make a quadrant chart using Excel

How to make a quadrant chart using Excel

A quadrant chart refers to a scatter plot with the background split into four equal sections called quadrants. The quadrant chart's purpose is to show any cause-effect relationship between two variables by grouping the values into distinct categories based on the given criteria worked. How can I make a Quadrant scatter in my Excel worksheet?

How to fix unable to close Excel

How to fix unable to close Excel

There are times when working with spreadsheets from Excel you encounter difficulties. Some are pretty much manageable, while others are daunting as you are left wondering whether you will lose all your data or not. Trying to close an Excel worksheet is one of them. At times, after completing data entry in Excel, when you

How to add a watermark in excel

How to add a watermark in excel

It is possible to a watermark on your worksheet using excel. A watermark is a sign that embeds into the excel content to verify the creditability of the content. Therefore, through this feature, the owner of the content can be easily identified. Negatively, Microsoft excel does not support in-built watermarks, but instead, it allows its