To calculate the Consumer Price Index between two years in Excel, take a sum of all the amounts spent on the basket of products over those two years. Then use the following formula to find the CPI ...
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 ...
When calculating a declining sales figure spanning multiple years, you need to calculate two percentages. The straight-line method calculates your overall decline, but this doesn't paint the entire ...
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 ...
As a spreadsheet software program, Microsoft Excel has many useful features for a small business's productivity. Chief among these is the ability to use formulas to make various calculations with the ...
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 ...
If you are using Microsoft Excel to manage numerical data, at some point you're inevitably going to display percentages. Doing so can give you a new insight, or make summarizing heaps of data a bit ...
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