Learn how to calculate payback and discounted payback in Excel with formulas, SCAN, XMATCH, LET, and SWITCH, plus ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Excel multiplies the items in the first array (cost price) by the corresponding items in the second array (units sold) and then sums the results to give you the total. It is immediately clear what the ...

=LET (Spend,SUMIF (T_Budget [Category],E2,T_Budget [Cost]),IFS (Spend>F2,"Over budget",Spend=F2,"Budget hit",Spend> (F2*0.9), ...

This calculator shows how inflation affects the purchasing power of money over time. The nominal value is what your investment will be worth in future dollars, while the real value shows what it will ...

Excel boasts a vast library of functions, categorized to suit various purposes: Mathematical Functions: Perform mathematical operations like addition, subtraction, multiplication, division, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

The most common formula for calculating future value is: PV = Present Value (the initial amount of money) r = Interest rate ...

Ashley is a lead editor of mortgages and loans at Forbes Advisor. She graduated from Utah Tech University with a bachelor’s in English with an emphasis in creative writing. She began her career ...

Credit card rewards can provide an excellent way to get value back whenever you use your card. However, not all credit card points are created equal, and you may be earning less than you think. Credit ...