Question and answer
2. If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain (you may need to look this up on the Internet).
You would need to know formulas for: 1.Future value 2.Present value 3.Compound or simple interest 4.Amortization/Depreciation To make your own financial calculator in Excel, start a new file or sheet and label fields for Rate, Nper, PMT, PV, [ [ and Type, and add some sample values. Choose the cell where you want the result for FV to go. Click Insert, then Function (or fx on the task bar) to
open Insert Function window. In the left column, select "Financial". This will give you all the functions in financial calculation. ]
Expert answered|ANGEEELICA|Points 5026|
Question
Asked 9/6/2011 1:35:26 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
2. If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain (you may need to look this up on the Internet).
Question
Not Answered
Updated 9/9/2011 11:51:44 AM
1 Answer/Comment
You would need to know formulas for: 1.Future value 2.Present value 3.Compound or simple interest 4.Amortization/Depreciation To make your own financial calculator in Excel, start a new file or sheet and label fields for Rate, Nper, PMT, PV, [ [ and Type, and add some sample values. Choose the cell where you want the result for FV to go. Click Insert, then Function (or fx on the task bar) to open Insert Function window. In the left column, select "Financial". This will give you all the functions in financial calculation. ]
Added 9/9/2011 11:51:44 AM
This answer has been added to the Weegy Knowledgebase
2. If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain (you may need to look this up on the Internet).
Weegy: statistical formulas like sum, sumif, count, count if, array formulas as well (this will help you make your work more efficient). Also logical formulas and and IF to customize whatever criteria/ condition you set. (More)
Question
Expert Answered
Asked 9/6/2011 1:59:50 PM
0 Answers/Comments
2. If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain (you may need to look this up on the Internet).
Weegy: You would need to know formulas for: 1.Future value 2.Present value 3.Compound or simple interest 4.Amortization/Depreciation To make your own financial calculator in Excel, start a new file or sheet and label fields for Rate, Nper, PMT, PV, [ [ [ and Type, and add some sample values. Choose the cell where you want the result for FV to go. Click Insert, then Function (or fx on the task bar) to open Insert Function window. In the left column, select "Financial". This will give you all the functions in financial calculation. ] (More)
Question
Expert Answered
Asked 9/6/2011 1:55:15 PM
0 Answers/Comments
2. If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain (you may need to look this up on the Internet).
Weegy: SUM, AVERAGE, IF, HYPERLINK, COUNT, MAX, SIN, SUMIF, and STDEV. [ SUM- adds all the numbers in a range of cells. AVERAGE- Returns the average of its argument, which can be numbers or names, arrays, or references that contain numbers. IF- Checks whether a condition is met and returns one value if TRUE and another value if FALSE. HYPERLINK- Creates a shortcut or jump that opens a document stored on your hard drive, a network server, or on the Internet. COUNT- Counts the number of cells in a range that contain numbers. MAX- Returns the largest value in a set of values. Ignores logical values and text. SIN- Returns the sine of an angle. SUMIF- Adds the specified by a given condition or criteria. PMT- Calculates the payment for a loan on constant payments and a constant rate. STDEV- Estimates standard based on a sample (ignores logical values and text in the sample). Read more: ] (More)
Question
Expert Answered
Asked 9/6/2011 2:03:42 PM
0 Answers/Comments
2. If you were a financial planner, what are some Excel formulas that you might use or need? Please specify and explain (you may need to look this up on the Internet).
Weegy: Future Value of Annuity: Future Value of an Annuity Annuity = A level payment for a certain number of periods. (Normally payments take place at the end of the period, type 0) Given an annuity (pmt), [ a number of periods (n or nper) and a per period interest rate of 'k', what is the value at the end of the annuity period (FVA). =FV(rate,nper,pmt,PV,type) ] (More)
Question
Expert Answered
Asked 9/6/2011 2:06:47 PM
0 Answers/Comments
20,485,800 questions answered
Popular Conversations
Say that a and b are the lengths of the legs of a right triangle and ...
Weegy: The triangle with sides 4.1, 8.2, 12.2 is (4.1)^2 + (8.2)^2 = 84.05 (12.2)^2 = 148.84 (4.1)^2 + (8.2)^2 User: ...
4/20/2015 9:38:47 AM| 3 Answers
Who did President Kennedy appoint as director of the Peace ...
Weegy: A. R. Sargent Shriver User: Which of the following leaders was NOT a participant in the Six Day ...
4/20/2015 6:30:48 AM| 2 Answers
Evaluate the following expression. 2-3
Weegy: 2-3=-1 User: Evaluate x0 + y0 for x = 3 and y = 2. Weegy: If this is x^0+ y^0 then the answer is 2 because ...
4/20/2015 6:58:46 AM| 2 Answers
Given: -1/2x > 6 User: Given: x - 7 > -2. Solve 4(x - 3) - 2(x - 1) ...
Weegy: 4(x - 3) - 2(x - 1) > 0; 4x - 12 - 2x + 2 > 0; 4x - 2x > 12 - 2; 2x > 10; x > 10/2; x > 5
4/20/2015 10:03:13 AM| 2 Answers
Weegy Stuff
S
L
Points 712 [Total 2289]| Ratings 1| Comments 702| Invitations 0|Offline
S
L
Points 633 [Total 1200]| Ratings 2| Comments 613| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
Points 235 [Total 8112]| Ratings 2| Comments 215| Invitations 0|Offline
S
Points 231 [Total 231]| Ratings 0| Comments 231| Invitations 0|Offline
S
L
1
R
Points 118 [Total 1190]| Ratings 1| Comments 108| Invitations 0|Offline
S
L
Points 106 [Total 3709]| Ratings 0| Comments 106| Invitations 0|Offline
S
1
L
L
Points 82 [Total 8076]| Ratings 0| Comments 82| Invitations 0|Offline
S
Points 77 [Total 77]| Ratings 1| Comments 67| Invitations 0|Offline
S
1
L
1
Points 43 [Total 3484]| Ratings 1| Comments 33| Invitations 0|Offline
S
Points 36 [Total 36]| Ratings 1| Comments 26| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.