What is the Middle Class and Are You in the Middle Class?
Posted by Chris Menard on 05/13/2023
What is the middle class and are you in the middle class? To figure out if you are in the middle class, we need to know the median household income, how many people are in your household, and where you live.
Liquidity Ratio using Excel
Posted by Chris Menard on 08/21/2022
Liquidity ratios determine how quickly a company can covert assets to use them to pay short-term obligations.
The Rule of 72 explained using Excel and the NPER Function
Posted by Chris Menard on 04/29/2021
Need to know when your investment will double? In finance, the rule of 72 is an easy method for deterring when an investment will double. Take the number 72 and divide it by the interest rate, which gives you the number of years.
Year-Over-Year Growth - Excel PivotTable
Posted by Chris Menard on 03/11/2021
Year-Over-Year (YOY) growth compares one period, usually a quarter or a month, against the same period twelve months before. You can compare Q3 of 2021 against Q3 of 2020. Another example is comparing the month of September 2021 to September 2020.
Excel: College Decision Helper Template
Posted by Chris Menard on 08/13/2020
Whether you want to attend a large public university or a small private college, knowing all about the schools you're considering is essential to making a good decision.
Future Value Function in Excel
Posted by Chris Menard on 02/10/2020
The Future Value Function will give you the answer to the future value on investment. Compound interest is interest on interest vs. simple interest that interest only on the principal.