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Monday, February 13, 2017

RRI Time Value of Money Function

Time Value of Money Functions

Below is an excerpt from Excel Time Value of Money Functions for CPAs, a CPE course offered by

New Single Sum functions in Excel 2013 

There are two new time value of money functions in Excel 2013, the RRI and PDURATION functions.  Both of these functions will only work if you have Excel 2013 or greater.  You will not be able to replicate the examples using a lower version of Excel.

The RRI function returns the equivalent interest rate for the growth of an investment.  The inputs required are the number of periods, the present value and the future value.
In this blog entry, we are only going to discuss RRI and save PDURATION for another time.

RRI Example:

As an example, let’s say you invested $100,000 for 8 years compounded annually and the investment grows to a value of $150,000.  What is the equivalent rate of return?  Click here to read the rest of the entry.

Friday, February 10, 2017

Iphone 7 Delete All Solution

Finally - A solution -How to Delete ALL Emails on My Iphone 7.

I finally found a solution to deleting all the emails in my InBox at once. Why oh why did Apple get rid of the Delete All option?  It definitely needs to be added back.

I found the answer on this site  and it was very easy to do once you know the trick.

1. Go to your Inbox and click Edit.
2. Select a single email.
3. Press and hold down  the Move button at the bottom of the screen and then uncheck the email you selected.
4. A page will pop up and you can select if all the emails should go to Trash or Junk.
5. Make your selection and all your emails disappear!
You may have to hold the Move button for a good couple of seconds, depending upon on how mail you have. 
If you don't see the page, it may just automatically got to Trash.I have had that happen a couple of times.

Make sure that you really want to delete everything in your Inbox before you do this. 
Don't forget that this just deleted them from your inbox- you still need to clean out your trash folder at some point.

Thursday, January 12, 2017

Date and Day Functions

Date and Day Functions

I found an interesting site on Excel for SEOs.
Actually, most of the information on the site pertains to anyone using Excel.
One of their pages was on dates and days. I find a lot of people struggle with date functions
=NOW() and =TODAY() are the most common  Date functions.
 They are called volatile functions because they change as the date changes. =NOW() is the more versatile of the two as it tracks both date and time, however, you can format it so that it displays just the date, just the time or both. Whereas, =TODAY only displays and tracks the current date.
They can be very useful. For example, if you create and print a lot of versions of a document, such as a budget. include =NOW(), at the top or in the document header. The =NOW() will display the time - you can even  format down to the second- so you are confident that you have the latest version of your document as you go off to your presentation.

This site has some other date functions that you may be interested in  - particularly NETWORKDAYS and YEARFRAC.
I hope you find them useful.

Friday, October 14, 2016

12 Months Data -13 Months Data in a Chart

An interesting Excel feature is that as you make the 12-month chart smaller and smaller, Excel drops the last (right-most) label from the X axis although the column or line still may appear in the chart itself. So, you may want to consider including thirteen months of data when putting together your dashboard.

Thursday, June 16, 2016

Excel 2016 Charts - X Axis Date Units

Date Units on the X Axis- Excel

I was working on a dashboard in Excel 2016 and I ran into something a bit frustrating. So, I thought I would share it since I am assuming others have run into the problem as well.
Below is a picture of my data and my chart - See anything wrong with it?
OK- now don't get too picky - this is before I formatted or updated anything - so what's wrong with it?

Take a look at my X axis..
The X axis shows 1/1/2016, 2/1/2016 instead of what is actually shown in Column A, which is the last day of each month.  I have used this same data and charted it in other versions and never ran into this particular issue so I was a  bit surprised.
Apparently Excel 2016 and probably Excel 2013's unit default is month.
To fix this problem, right-click on the X axis and on the Format Axis pane, change the Base to Days.

Once you do that, magically the dates in my chart now match the dates in my worksheet.

Ms. Excel- Resident Excel Geek