Functions are predefined formulas that perform calculations by using specific values, called arguments, in a particular order, or structure. Functions can be used to perform simple or complex calculations. You can find all of Excel's functions on the Formulas tab on the Ribbon:...
Imagine that you have a $2,500 personal loan, and have agreed to pay $150 a month at 3% annual interest. Using the function NPER(rate,PMT,PV) =NPER(3%/12,-150,2500) it would take 17 months and some days to pay off the loan. The rate argument is 3%/12 mo...
While we’re learning this function, we’ll cover another way to enter functions in Excel: by using the Formulas tab on the Ribbon. Here you’ll find buttons that provide quick access to functions by category: AutoSum, Financial, Logical, Text, Date & Time, and so on. Being able to b...
1. To edit a formula, click in the formula bar and change the formula. 2. Press Enter. Operator Precedence Excel uses a default order in which calculations occur. If a part of the formula is in parentheses, that part will be calculated first. It then performs multiplication or division ca...
Part 13 – Math Formulas in Excel Case 13.1 – How to Find the Root We have a list ofnumbers(both positive and negative). We’ll calculate thesquare rootof these numbers using theSQRTfunction. The formula to put in cellC6is: =SQRT(B6) ...
Using Excel REPLACE function with dates As you have just seen, the REPLACE function works fine with numbers, except that it returns a text string :) Remembering that in the internal Excel system,dates are stored as numbers, you may try to use some Replace formulas on dates. Results would ...
I am delighted to inform you that I have developed two formulas. The first formula consists of the IF, LEN, SUBSTITUTE, TRIM, and MID functions. The other formula consists of the IF, LEN, SUBSTITUTE, TRANSPOSE, and FILTERXML functions. OUTPUT OVERVIEW: 1. Using IF, LEN, SUBSTITUTE, TRIM...
As you see, the syntax of the Excel SUMIF function allows for one condition only. And still, we say that Excel SUMIF can be used to sum values with multiple criteria. How can that be? By adding the results of several SUMIF functions and by using SUMIF formulas with array criteria, ...
Suppose you have the date of birth in cell A1, here are the formulas:To get the year value:=DATEDIF(B1,TODAY(),"Y")To get the month value:=DATEDIF(B1,TODAY(),"YM")To get the day value:=DATEDIF(B1,TODAY(),"MD")Now that you know how to calculate the years, months and days,...
Using the Formula Bar This is located below the toolbars and contains a Name box and Formula bar.The Formula bar is the area where you can enter text, numbers, dates, formulas etc.Cancel - Cancels the immediate changes made to the active cell. Enter - Enters the number, text or formula...