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MS Excel and Google Sheets have three functions for calculating the IRR. When using different borrowing rates of reinvestment, a modified MIRR is the formula to use. The XIRR function accounts for ...
To take advantage of Excel’s currency conversion capabilities, use formulas: Reference Prices and Rates: Click on the cell, ...
Suppose you invest $5,000 at an annual interest rate of 5%, compounded monthly over 10 years. Here’s how you’d set up the formula: In Google Sheets and Excel, you can type this directly or ...