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 ...

Calculating Simple Interest is an excellent method to judge your savings in advance. However, calculating it for various interests and principal sums could be complex. This is where Excel comes to ...

Q. I have prepared projections for a proposed project, and I want to calculate the internal rate of return. Instead of using Excel’s IRR function, should I use simple math formulas so others can ...

Your monthly loan payment consists of more than just equity and interest payments. If you didn't put down at least 20 percent when you acquired the loan, your monthly payment will likely include ...

How much you can borrow is often determined by the bank based on internal qualifiers, such as credit score, debt-to-income ratio, interest rate and the type of loan you need. These qualifiers will ...

Compound interest is interest that's calculated on both the initial principal of a deposit or loan and on all accumulated interest. It's a tremendous advantage for savers and investors but not so much ...