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 ...

When calculating time intervals in Excel, you are looking for the time that has passed between two given sets of time. Because Excel converts dates and times into numbers behind the scenes, ...

What Is a Payback Period? The payback period is the amount of time (usually measured in years) it takes to recover an initial investment outlay—as measured in after-tax cash flows. For example, if a ...

A TechRepublic member wrote for advice on calculating the years, months, and days elapsed between two dates. This tutorial explains the solution provided by TechRepublic contributor Jeff Davis. A ...

Some employers – particularly those with large payrolls – use a computerized timekeeping system, which transfers employees' time worked into a payroll software and eliminates manual calculation.

If you're tired of repeated calculations, hard-to-read formulas, and sluggish Excel worksheets, the LET function is your solution. It assigns simple names to complex calculations, making formulas ...

When teaching financial accounting, faculty often discuss bonds payable and how to calculate the issue price of a bond. The next time you cover this topic, consider teaching students how to calculate ...

Excel spreadsheet is the premiere application used by many industries to frame business plans, create financial reports, produce budget reports, etc. In simple words, Excel spreadsheets are used to ...

Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. Inventory turnover ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in ...