Continuing with our Excel Tutorials, in this article, I’ll take you through using Goal Seek in Microsoft Excel 2007. The function is same as that of earlier versions of Excel as well as Excel 2010. The screenshots below are taken in 2007.
Posts Tagged: Excel
This is one very powerful and, in my opinion, less used feature of Microsoft Excel. Many of you are familiar with Paste Special, also popularly called Alt + E + S after the legacy Excel 2003 shortcut which still holds…Continue Reading →
You’ve come across the term CAGR and want to know how to calculate it in Excel? This post gives you three different ways to do so in Microsoft Excel. But, first, let’s understand what CAGR is.
Excel 2007 brought a host of new functions to Excel that were missing in Excel 2003. One of these functions was AVERAGEIF which returns the average (arithmetic mean) of all the cells in a range that meet a given criteria. One essential function that is still missing is MEDIANIF or MEDIAN IF which should ideally return the median of all the cells in a range that meet a given criteria.
Payback period in capital budgeting refers to the period of time required for the return on an investment to “repay” the sum of the original investment. For example, a $1000 investment which returned $500 per year would have a two year payback period. The time value of money is not taken into account.
Way back in 2008, I wrote about using SUMPRODUCT to duplicate the functionality of SUMIFS which was introduced in Microsoft Excel 2007. SUMPRODUCT is a powerful excel function and is more commonly used to multiply two arrays. Let’s first understand the syntax of SUMPRODUCT.
Two weeks, we looked at the syntax of VLOOKUP, INDEX and MATCH. Last weeks tutorial should have walked you through the basics of VLOOKUP. In this post, we’ll use a similar file from the VLOOKUP tutorial to find a value from the table using INDEX and MATCH.
Last week, I introduced you to VLOOKUP, INDEX and MATCH. In this post, we’ll use VLOOKUP to find a value from the table. Firstly, let’s create the above table in Excel.
Excel has several lookup and reference functions. The main purposes of most of the plugins is to lookup some cell or cells from a set of data (usually presented in a table). Of these, the most popular ones are VLOOKUP, INDEX and MATCH.
If you have lost your password for any MS Word or Excel document and are unable to recover it, try using this Free Word / Excel Password Recovery application. It’s a freeware product and all you need to do is install it, open the file that you need to recover. Choose the character set “a to z” and the expected lenght of your password and click GO.