Learn what present value (PV) and future value (FV) are and how to calculate present value in Excel given the future value, interest rate, and period.

Excel's MOD function doesn't have to be used to return a value—it can also be used to determine which cells should be formatted through conditional formatting.

Microsoft Excel has dozens of preset formulas for many types of mathematical calculations, but compounding interest isn't one of them. To calculate the future value of a single amount compounded ...

Calculating the future value of salaries is useful as part of a larger exercise to calculate the future value of many other components of a business.