Posts tagged "Excel functions"

Excel DROP function to remove rows or columns from range or array

When analyzing huge datasets, you may sometimes need to pull only the data without a total row/column, headers or footers. In earlier Excel versions, you'd have to rely on the good old copy/pasting technique. In Excel 365, we have a special function to dynamically extract the desired part of the array by "dropping" irrelevant data. Continue reading

Excel AVERAGEIFS function with multiple criteria

When it comes to calculating an arithmetic mean of a group of numbers in Excel, you'd generally use the AVERAGE function. To average cells that meet a certain condition, AVERAGEIF comes in handy. To find an average with multiple criteria, AVERAGEIFS is the way to go. Continue reading

Excel IMAGE function: quick way to insert picture in cell

Microsoft Excel users have inserted pictures into worksheets for years, but that required quite a lot of effort and patience. Now, that's finally over with. With the newly introduced IMAGE function, you can insert a picture in a cell with a simple formula, move, copy, resize, sort and filter cells with images just like normal cells. Continue reading

How to use ISERROR function in Excel

When you write a formula that Excel does not understand or cannot calculate, it draws your attention to the problem by showing an error message. The ISERROR function can help you catch errors and provide an alternative when an error is found. Continue reading

CONCAT function in Excel to join text strings

Traditionally, string concatenation in Excel is done with the help of the CONCATENATE function or the ampersand symbol. In modern Excel, these old-school methods give way to CONCAT - a newer and improved function to combine text from multiple cells into one cell. Continue reading

Using NPER function in Excel with formula examples

When building corporate funds, financial analysts often wish to know how long it will take to reach the desired corpus. When applying for a loan, you may want to find out how many payments are required to repay it in full. For such tasks, Excel provides the NPER function. Continue reading

Using LET function in Excel with formula examples

If you work with lengthy formulas in Excel, then you are certainly familiar with the idea of named ranges that make complex formulas easier to read. And now, Microsoft is making a step further and allows assigning names to calculations and values directly in a formula. Continue reading

Excel FV function to calculate future value

Building your personal and corporate finances requires thorough planning. One of the most important factors of success is understanding how much an investment made today will grow to in the future. That is called the future value of investment, and this tutorial will teach you how to calculate it in Excel. Continue reading