Start by creating a sequence of payment numbers using Excel’s SEQUENCE function. For instance, the formula =SEQUENCE (360) will generate a series of numbers from 1 to 360, representing each ...

Using the FV function as illustrated in cell B12 of the screenshot “Using the FV and FVSCHEDULE Functions,” the formula =FV (0.06,8,0,-500000) is used to calculate that the client’s IRA would grow to ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions.

References Microsoft Support: The IF Function - What It Is, and How to Use It Microsoft Excel 2010: Illustrated Complete; Elizabeth Reding and Lynn Wermers ...