To determine this future value of your money using Microsoft Excel, you'll need to perform some basic calculations based on the interest rate, how often the interest compounds and how long you plan to ...

Begin with the following formula:=PV*(1+R)^NEither write this formula in an Excel spreadsheet cell or elsewhere for reference. Enter the present value in an Excel spreadsheet cell in place of "PV," ...

First determine what type of annuity you have ...

While some might argue that compound interest is the most powerful force in the universe, it is undoubtedly one of the most powerful financial forces on Earth. Understanding how compound interest ...

Interest is the amount of money you must pay to borrow money in addition to the loan's principal. It's also the amount you are paid over time when you deposit money in a savings account or certificate ...