Discover how to calculate present value (PV) in Excel, exploring concepts like future value, interest rates, and periods for informed investment decisions.

Learn what the stated annual interest rate is and how to calculate it without compounding, plus how it compares to the effective annual rate.

is—it’s effectively a percentage of an amount over a year. If your savings account earns you a 0.05% interest per year (which is a REALLY terrible interest rate, honestly), you earn $5 in interest for ...