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Excel Finance Trick #16: Work Life & Retirement Finance

For only about $100,000 earn millions of dollars!! See how to use the PMT and FV functions to calculate a retirement (Pension) plan for your whole life. See what you will have on the day you retire, how much you will get each month in retirement, how much cash you actually contributed to the plan, how much interest you earned, and how much you can leave to your kids (inheritance). In This Series learn 17 amazing Finance Tricks. Learn about the PMT, PV, FV, NPER, RATE, SLN, DB, EFFECT, NOMINAL, NPV, XNPV, and the CUMIPMT functions that can make your financing tasks much easier in Excel. See how to use the PMT function in the standard way, but also see how to use it while incorporating a Balloon payment or a delayed payment. Lean how to translate a Nominal interest rate into an Effective Interest rate. Learn how to calculate how long it takes to pay off a credit card balance. Lean how to calculate the Effect Rate on a Payday loan. And many more financing Tricks!! The Excel Finance Tricks 1-17 will show an assortment of Excel Financing Tricks! Excel Formula
Length: 08:35

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