Posts Tagged 'Excel formulas', page 3

How to use MINIFS function in Microsoft Excel

When it comes to finding the minimum based on conditions, there are several possible solutions. You’ll see different approaches to locate the lowest value and choose the one that suits best for you. Continue reading

Excel MIN function - usage and formula examples

If you have a large range of data to find the lowest value in, the scrolling and looking for it manually is not an option. Please check different ways of locating a minimum number in Excel and choose the best one for your task. Continue reading

MAX IF in Excel to get highest value with conditions

Almost every Excel user is familiar with the good old MAX function that is designed to return the largest value in a dataset. In some situations, however, you may need to drill down into your data further to find the max value based on certain criteria. Continue reading

Excel MAXIFS function - get largest value based on multiple criteria

Traditionally, when you needed to find the highest value with conditions in Excel, you had to build your own MAX IF formula. While not a big deal for experienced users, that might present certain difficulties for novices. Luckily, Microsoft has recently introduced a new function that lets us do conditional max an easy way! Continue reading

MAX function in Excel: formula examples to find and highlight highest value

MAX is one of the most straightforward and easy-to-use Excel functions. However, it does have a couple of tricks knowing which will give you a big advantage. Continue reading

How to use MIRR function in Excel to calculate modified internal rate of return

For many years, finance experts and textbooks have warned about the flaws and deficiencies of the internal rate of return, but many executives keep using it for assessing capital projects. Do they enjoy living on the edge or simply are not aware of the existence of MIRR? Continue reading

Excel XIRR function to find internal rate of return for non-periodic cash flows

Calculating IRR for periodic cash flows is easy. In real life situations, however, cash inflows and outflows often happen at irregular intervals. Thankfully, Microsoft Excel has a special function to find IRR in such cases, and this tutorial will teach you how to use it. Continue reading

How to use Excel IRR function to calculate internal rate of return

IRR in Excel is one of the financial functions for calculating the internal rate of return, which is frequently used in capital budgeting to judge projected returns on investments. Continue reading

How to calculate NPV in Excel - net present value formula examples

Microsoft Excel has a special function for calculating NPV, but its use can be tricky especially if you have little experience in financial modeling. The purpose of this tutorial is to show you how the Excel NPV function works and point out possible pitfalls when calculating the net present value of a series of cash flows. Continue reading

How to calculate percentage variance in Excel - percent change formula

In Microsoft Excel, there are 6 different functions for calculating variance but all of them are designed to find variance in the classical sense, i.e. how far a set of values are spread out from their average. In this article, you will learn how to calculate percentage variance between two cells. Continue reading

How to calculate variance in Excel - VAR, VAR.S, VAR.P and other functions

Variance is one of the most useful tools in probability theory and statistics. In science, it describes how far each number in the data set is from the mean. In practice, it often shows how much something changes. In this article, we will analyze different methods of calculating variance in Excel. Continue reading

How to make a loan amortization schedule in Excel (with extra payments)

The tutorial shows how to make an amortization schedule in Excel to detail periodic payments on an amortizing loan or mortgage, including an amortization schedule with extra payments and a variable number of periods. Continue reading

Excel PPMT function with formula examples

When you make periodic payments on a loan or mortgage, a certain part of each payment goes towards the interest and the remainder is applied to the loan principal. In this tutorial, we will look at how to use the PPMT function to calculate the principal portion of the payment. Continue reading

How to use PMT function in Excel with formula examples

Before you borrow money it's good to know how a loan works. Thanks to the Excel financial functions such as PMT, PPMT and IPMT, computing periodic payments for a loan is easy. In this tutorial, we will have a closer look at the PMT function. Continue reading

How to forecast in Excel: linear and non-linear forecasting methods

In statistics, there exist many different forecasting techniques and some of these techniques are already implemented in Excel. This tutorial will teach you how to forecast in Excel based on historical data and may help you save money on specialized forecasting software. Continue reading

How to use Flash Fill in Excel 2019, 2016 and 2013

Flash Fill is one of the most amazing features of Excel. It grabs a tedious task that would take hours to be performed manually and executes it automatically in a flash. Continue reading

Structured reference in Excel tables

One of the most useful features of Excel tables are structured references. When you have just stumbled upon a special syntax for referencing tables, it may look boring and confusing, but after experimenting a bit you will surely see how useful and cool this feature is. Continue reading

How to do Spearman correlation in Excel

When doing correlation analysis in Excel, in most cases you will deal with the Pearson correlation. But when the underlying assumptions of the Pearson correlation (continuous variables, linearity, and normality) are not met, you can do the Spearman rank correlation instead of Pearson's. Continue reading

How to remove blank cells in Excel

Empty cells are not bad if you are intentionally leaving them in right places for aesthetic reasons. But blank cells in wrong places are certainly undesirable. Luckily, there is a relatively easy way to remove blanks in Excel. Continue reading

How to delete blank columns in Excel

The prospect of reviewing all the columns in your worksheet and removing the empty ones manually is definitely something you'd want to avoid. Luckily, Microsoft Excel provides a great lot of different features, and by using those features in creative ways you can cope with almost any task. Continue reading

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