Knowing how to use Excel's variables gives you the ability to make your formulas – and by extension the spreadsheets containing those formulas – much easier to understand. For example ...

However, because you've added an extra variable to argument a, to make the result clearer, you could enter some optional arguments. Whenever you create an Excel formula, each argument is separated ...

When creating Microsoft Excel formulas, you can generate calculations using specific values—also known as hard-coding—or referencing other cells in the workbook. In this guide, I'll explain why ...

Excel’s LET function. The LET function is like a breath of fresh air for anyone who’s ever wrestled with formula complexity. It allows you to assign variables within your formulas, eliminating ...

The total number of hours completed so far is a variable contained in cell E31 ... Here are some tips that may not be obvious just looking at the formula. First, you must start with an equal sign so ...

Just the basics – Microsoft Excel, for PC or Mac ... loan principal you've paid at any given point in time. This formula's variables mirror those of CUMIPMT, so by filling in those same ...

Excel uses the function RAND() to return a random and ... You can use the RAND() function to establish probability and create a random variable with normal distribution. Use the formula "=NORMINV ...

You can use a built-in Excel function to calculate the modified accelerated cost recovery system (MACRS) depreciation, but you need to use the variable-declining balance function instead of the double ...

Enter this formula into an empty cell to calculate the adjusted R-squared in Excel: = 1 - (1 - R^2)(n-1/n-k-1) where k is the number of variables and n is the number of data points. How Can I Add ...

There is no bond convexity function in Excel, but it can be approximated via a multi-variable formula. It is considered to be a better measure of interest rate risk than duration. Bond Duration vs.