How to Calculate the Total Hours Formula in Excel. As a spreadsheet software program, Microsoft Excel has many useful features for a small business's productivity.

Type the formula in cell K2 to calculate overtime hours for the week. This formula will test to see if the total hours worked that week, minus the total double time hours, is greater than 40.

In the above formula, P stands for the principal value, R is the rate of interest, and n is total time. Here, we will learn to calculate compound interest using Excel.

Learn about the weighted average cost of capital (WACC) formula in Excel and use it to estimate the average cost of raising funds through debt and equity.