The discount rate refers to the interest rate used when calculating the net present value (NPV) of an investment. It represents the time value of money, which is the concept that a sum of money today ...

Formulas are powerful tools for performing calculations and analyzing data in Excel. In this beginner’s guide, you’ll learn how to use formulas and explore some popular built-in functions. One of the ...

Q. Part of my job involves keeping track of all the departments’ budget status, which takes several hours each month. Is there a quicker way to do this? A. The task alluded to in the question involves ...

Imagine this: you’re managing a sprawling Excel spreadsheet with thousands of rows of data. You need to identify high-priority tasks, flag anomalies, or categorize entries based on specific rules.

Excel functions, or formulas, lie at the heart of the application’s deep well of capabilities. Today we’ll tackle IF statements, a string of commands that determine whether a condition is met or not.

Many of us fell in love with Excel as we delved into its deep and sophisticated formula features. Because there are multiple ways to get results, you can decide which method works best for you. For ...

How to turn complex formulas into easy-to-use custom functions using LAMBDA() in Excel Your email has been sent LAMBDA functions are new to Microsoft Excel. With LAMBDA functions, you can turn a ...