Excel formula for quarterly compound interest

Excel formula for quarterly compound interest

Compound interest is one of the most popular functions in economics and finance. It is a standardized method of cumulating the interest accrued within a given time. In compound interest, you don't cash out your interest, but rather, you reinvest it. Here is a typical example, supposing you invested $1000 in a venture that yields

Top 10 Excel formulas for analysts

Top 10 Excel formulas for analysts

The first step to using Excel is to understand the formulas. Excel functions and formulas are inserted into the cells. If you are an aspiring business or data analyst, then you should have good knowledge of Excel and the formulas therein. There are several formulas that are specially designed for business analysis, and it is

How to find the highest number in a column

How to find the highest number in a column

Finding the highest number in Excel can be very useful when you have a long list of items. But some people do not know how easily one can find the highest number. Others find the highest number manually making it a very tiresome process. Although that can be an effective way for very small filled

How to count cells with specific text in Excel

How to count cells with specific text in Excel

If you want to count cells with specific text then the following methods will be very helpful. This can be applied when you want to count cells with full or partial text. Also, people that analyze very huge worksheets are often counting cells that contain specific text. COUNTIF function can be used when it comes