Compound Interest Formula: As students progress to higher grades in school, the curriculum starts introducing various concepts of practical usage to students such as profit and loss, probability, ...

Mode Formula: Mode is a fundamental concept in statistics. It refers to the value or values that occur most frequently in a dataset. In other words, it's the number or numbers that appear with the ...

Click cell "D1" and type "Total Hours." Press the "Enter" key. Click cell "D2" and type the total hours of the first employee. Continue entering each employee's total hours in column C. Click cell "E2 ...

As a spreadsheet software program, Microsoft Excel has many useful features for a small business's productivity. Chief among these is the ability to use formulas to make various calculations with the ...

Gratuity is a financial component offered by an employer to an employee in recognition of his/her service rendered to an organisation. It is a part of the salary an employee receives and can be viewed ...

Suraj Dutt, 29, a New Delhi-based store manager, bought a car in 2015 worth Rs 5.95 lakh. He made a down payment of Rs 1.5 lakh and took an auto loan for the rest of the amount at 12% interest per ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Michael Adams is a former Cryptocurrency and ...