If you have worked with a financial planner, there is a good chance your planner used Monte Carlo simulations and frankly that is a good starting point to determine future financial needs. However, ...

Learn how to calculate weighted averages using Excel for various financial metrics. Simplify complex calculations with our ...

When you're in the weeds of running your business each day, it can be difficult to zoom out and see how well your company is performing. Even one quarter's worth of results can be misleading. Seasonal ...

Financial mistakes can be inadvertent or they can be solely due to lack of command over the subject matter. Some mistakes can be fatal and some may be trivial but embarrassing. Whatever the cause or ...

Every data geek's favorite search engine, Wolfram Alpha, offers a ton of practical uses. Add to that list gleaning information for your personal finance decisions. Business Insider highlights both ...

An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

Know the differences between Fafsa, Profile and Consensus. Sticker price for a year at an average private college: $43,000. Average drive-away price: $28,000. In academia, discounts are the rule, not ...

We are pleased to announce a new method of computing the bankruptcy risk of companies, the "Probability of Financial Distress." LPFD = -20.12 * NIMTAAVG + 1.60 * TLMTA - 7.88 * EXRETAVG + 1.55 * SIGMA ...