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.

In Excel, functions are simple formulas you type into a spreadsheet cell; they operate on numbers, text and other kinds of data. Functions enable you to perform calculations ranging from simple ...

While Excel boasts over 450+ functions, sometimes they just donâ t cut it. These built-in functions fall short when you want to automate specific tasks or perform unique calculations in your ...

The first function anyone should know tells Excel to carry out basic arithmetic. Let’s say you wanted the numbers in cell A2 and cell B2 to be added together in cell C2. All you’d do is enter ...

2. SUM functions. Probably the most frequently used function in Excel (or any other spreadsheet program), =SUM does just that: It sums a column, row, or range of numbers—but it doesn’t just sum.

Functions in all categories share a common set of data types such as number, text, date and Boolean. Each function accepts one or more parameters of a given type and returns a value of a given type.

These Excel Functions Make Data Analysis Easy. Watch this video on YouTube. Below are more guides on Microsoft Excel spreadsheets and functions from our extensive range of articles.

By applying the appropriate NPV function for this scenario, =NPV(0.08,26000,27000,28000)+25000, you can calculate that the lease would be capitalized for $94,450, as shown in cell B26 of the ...

In such cases, Excel's LOOKUP function can be extremely useful. It allows you to search for a value in a range of cells and return a corresponding value from another range.

Note that the following content is based on Microsoft Excel 365 for PCs. Other versions of Excel may work differently. If you would like to follow along in using this function, you can download this ...