Microsoft Excel has been the premier spreadsheet software for decades, since outdoing the once venerable Lotus 1-2-3, the first killer app for PCs in the 1980s. And Excel's dominance has yet to be ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Compound interest is interest that's calculated on ...