In this installment of the Excel Basics Series you'll learn how to use formulas to calculate an annual interest rate, as well as breaking it down to a monthly rate and an effective annual rate. A general knowledge of Excel is helpful for navigating the menus in Excel, but if you pay attention during this presentation you'll pick up the skills quickly! Several ideas covered in this video are Formulas with cell references, how to find various Excel functions to use in formulas, and the Effect function. This video will have you calculating interest rates in no time!
It’s Black Friday week on WonderHowTo! Don’t miss out on all of the big sales in the Gadget Hacks and Null Byte shops. And if you’ve been wanting to take some classes without going into debt, check out our best deals on online courses for a variety of skill sets. Don’t miss out on these huge discounts: