Excel is a spreadsheet with a lot of power. The software can be used to track inventory, track and calculate payroll and a myriad of other calculations. An Excel formula is generally composed of ...

Microsoft Excel can be a powerful tool for large and small businesses alike. It is used to perform calculations, store and compile data, and create graphs based on that data. A variety of formulas are ...

GCD stands for Greatest Common Divisor. It is also called HCF (Highest Common Factor). In simple words, it is the greatest number that can divide a particular set of numbers. For example, the Greatest ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Creating a running total (or a cumulative sum, as it ...

All of you have learned the formula to calculate the compound interest in your school. Compound and simple interests are among the mathematical applications used in real life for years. At certain ...

Too many financial decisions are made without factoring in the time value of money. Whether providing financial planning advice related to a client’s retirement, advising a client about a business ...

Finding the exact difference between two dates in Excel may not be the most used feature, but it can be a lot of fun. A classic example is working out someone’s age. It’s not as complicated as it ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amy is an ACA and the CEO and founder of ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...