Be Careful Excel Warning

If you are using Excel 2013, I'm sure you must have encountered be careful Excel warning. When you try to save a workbook, suddenly a pop-up appears saying 'Be careful! Parts of your document may include personal information that can't be removed by the Document...

How Does Excel Calculate IRR?

Have you ever wondered how does Excel calculate irr (internal rate of return)? I never gave it a second thought until I wrote a post on the issues with NPV calculation in Excel. Our reader, Deyan, pointed out that a similar type of issue can exist with the IRR...

Future Value Calculation in Excel

Future value calculation in Excel can be done either by using Excel FV formula or by manual calculation. Before we get into the calculations, let's review the concept of future value. We have discussed the time value of money earlier. To remind ourselves, the basic...

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