Resources

How to add comments into formulas

In complex models, it is important to write comments explaining how the formulas work. But the limitation of Excel's Insert Comment feature is that you must type the entire comment in a textbox. There is an alternative. You can use N() formula to insert...

How to find the power of a number

You can always use caret symbol (^) to find a certain power of a number. However, doing this with a formula can be easier to read and identify in nested formula sets. Syntax =POWER(base number, how many times that base number will be multiplied by itself)...

How to calculate payments for a loan

How to calculate payments for a loan

In need of quick money? Well, we can't tell you how to get that, but we can show you how to use Excel to find out what you're getting into. Use this easy method to calculate what you would be paying for that shiny new loan. Syntax =PMT(interest rate for...