How to Use Excel's Annuity Formula (Example) The word of annuity might be one of the unheard or less-heard ones for you but believe me, we see the concept of annuity practically applied almost everywhere around us. Most of the financial products you've arranged with your bank or provider are annuity arrangements. Surprised? [...]
How to Use the "Evaluate Formula" Feature in Excel Did you just put together a very smart formula in Excel that makes you want to give yourself a pat on the back? But plot twist – Excel returns an error instead of the results? 😲 How do you troubleshoot the [...]
How to Calculate a Z-Score in Excel (Formula Guide) The Z-score is a very important statistical measure that tells how far each value of a dataset lies from its mean. Since standard deviation is the measure of the spread of a dataset, Z-score evaluates the distance of each value from the [...]
How to Calculate Future Value in Excel (FV Function) One of the key driving factors we all have in our head while making investments is – to what value would it grow after a given number of years? This is what we call the future value of investment. Just like money [...]
How to Calculate Percentiles in Excel Fast (Formula) We’ll have seen our result cards with a certain percentile mentioned on it (good or bad, besides the point 😝) Often people confuse percentiles for percentages, and others do not know the concept of percentiles. This tutorial is a step-by-step guide on what percentiles are [...]
Profit Margin Formula in Excel: A Step-by-Step Guide Profit margin is the simplest and the most common financial analysis metric. If you want to quickly sketch your head of how a company is doing – get its profit margin ratios. Three numbers are you are all sorted. Yes, you heard that [...]
How to Duplicate a Sheet in Excel (3 Methods) There are many situations where you need to copy data in Excel. When copying data from one cell to another, it’s easy. But what if you need to copy data from an entire Excel worksheet? 😨 Well, it’s easy too. You just need to [...]
How to Use the ROI Formula in Excel (Step-by-Step) If you have two investments in your portfolio, how do you compare and evaluate them both? Out of many ways, one key investment evaluation metric is the Return on Investment (ROI) ratio 🗝 It expresses the net profit on an investment as [...]
Use This Excel Formula to Remove Duplicates (Fast) If you’ve ever had to deal with duplicate values in your Excel worksheet, you would know how very troublesome they can be to manage. You can manually find and delete duplicate values when the worksheet is small but if the data is large, deleting duplicate [...]
How to Calculate Growth Rate in Excel (Formula) If I tell you my business made a $500 million revenue this year and expects to make a revenue of $750 the next year. Can you tell me how much revenue growth am I expecting in my business’s revenue over the coming year? Don’t go [...]