The MIN function returns the smallest numeric value in the data provided. The MIN function can be used to return the smallest value from any type of numeric data. For example, MIN can return the fastest time in a race, the earliest date, the smallest percentage, the...Read more
The MAX function returns the largest numeric value in the data provided. The MAX function can be used to return the largest value from any type of numeric data. For example, MAX can return the slowest time in a race, the latest date, the largest percentage, the highest...Read more
In this article, we take a short tour of some "unconventional" pivot tables you probably haven't seen before. These are interesting pivot tables created to analyze something other than sales data.Read more
In this example, the goal is to sum the smallest n values in a set of data, where n is a variable that can be easily changed. At a high level, the solution breaks down into two steps (1) extract the n smallest values from the data set and (2)...Read more
The PMT function can be used to figure out the future payments for a loan, assuming constant payments and a constant interest rate. For example, if you are borrowing $10,000 on a 24 month loan with an annual interest rate of 8 percent, PMT can tell you what your monthly payments be and how much...Read more
The PV function returns the value in today's dollars of a series of future payments, assuming periodic, constant payments and a constant interest rate. You can use the PV function to calculate the present value of a loan or investment when the interest rate and cash flows are constant. The...Read more
The future value (FV) function calculates the future value of an investment assuming periodic, constant payments with a constant interest rate.
Notes:
1. Units for rate and nper must be consistent. For example, if you make monthly payments on a four-year loan at...Read more
This article is for those of you who don't get pivot tables. Maybe you tried pivot tables once, and didn't see what the big deal was, or maybe you got frustrated when a pivot table wouldn't behave. They can be that way.Read more
