Excel formulas, page 4
Excel INDEX MATCH with multiple criteria - formula examples
Although Microsoft Excel has special functions for vertical and horizontal lookup, expert users normally replace them with INDEX MATCH, which is superior to VLOOKUP and HLOOKUP in many ways. Among other things, it can look up two or more criteria in columns and rows. Continue reading
XLOOKUP function in Excel - powerful successor of VLOOKUP
The tutorial introduces XLOOKUP - the new function for vertical and horizontal lookup in Excel. Left lookup, last match, Vlookup with multiple criteria and a lot more things that used to require a rocket science degree to accomplish have now become as easy as ABC. Continue reading
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 365 - 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
Excel cell reference: how to make and use
As simple as it seems, Excel cell reference confuses many users. How is a cell address defined in Excel? What is an absolute and relative reference and when each should be used? In this tutorial, you will find answers to these and many more questions. 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
