Earlier, we had seen how the RATE function can be used to calculate the return on investments, whether lump-sum or periodic. This can come in handy in the calculation of SIP returns, too.

With Excel's Copilot, tasks like classifying feedback or creating summaries can be done quickly by simply typing a prompt into a cell. The tool enables automation ...

The IRR function in Excel can be used in the case of bonds. However, the rate function can be used for computing the IRR on the coupon date of a bond.