What is the “Insert Data From Picture” Function? The “Insert Data From Picture” button is a function that can be found on the mobile version of Microsoft Excel. Using this function will open up the camera and allow the user to take a picture of numbers or text. This text will then be converted into spreadsheet…
What is the NPV Function? The NPV Function is an Excel Financial function that will calculate the Net Present Value (NPV) for a series of cash flows and a given discount rate. It is important to understand the Time Value of Money, which is a foundational building block of various Financial Valuation methods. In financial modeling, the NPV function…
What is the MATCH Function? The MATCH Function is categorized under Excel Lookup and Reference functions. It looks up a value in an array and returns the position of the value within the array. For example, if we wish to match the value 5 in the range A1:A4, which contains values 1,5,3,8, the function will…
How to Calculate Working Days in Excel The NETWORKDAYS Function calculates the number of workdays between two dates in Excel. When using the function, the number of weekends are automatically excluded. It also allows you to skip specified holidays and only count business days. It is categorized in Excel as a Date/Time Function. You can use…
What is the XIRR Function? The XIRR Function is categorized under Excel financial functions. It will calculate the Internal Rate of Return (IRR) for a series of cash flows that may not be periodic. It does this by assigning specific dates to each individual cash flow. The main benefit of using the XIRR Excel function…
What is the Excel TEXT Function? The Excel TEXT Function is used to convert numbers to text within a spreadsheet. Essentially, the function will convert a numeric value into a text string. TEXT is available in all versions of Excel. Formula =Text(Value, format_text) Where: Value is the numerical value that we need to convert to text…
TREND Function – Forecast & Extrapolate in Excel The TREND Function is an Excel Statistical function that will calculate the linear trend line to the arrays of known y and known x. The function extends a linear trend line to calculate the additional y-values for a new set of x-values. This guide will show you…
