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## Function: SWITCH

The SWITCH function evaluates the value in its first argument against the value-result pairs defined with them, and returns the matched pair if there is a match, and the default value if there isn’t. The SWITCH function is a good alternative to the IF function...

## How to use IFS and SWITCH formulas instead of nested IF statements

Nested IF statements are useful for creating more complicated scenarios in Excel. However, IFS and SWITCH formulas can work more efficiently when dealing with more than one condition. These formulas work a bit differently than the legacy IF function. Let’s start...

## Function: MIRR

The MIRR Excel function is a finance function that calculates the modified internal rate of return (MIRR) for a series of periodic cash flows. This function works by using both the cost of the investment and the interest received by reinvesting the cash. In this...

## Function: XIRR

The XIRR function is a finance function that calculates the internal rate of return (IRR) of a series of non-periodic cash flows. This function works like the IRR function, but doesn’t require entering regular intervals. In this guide, we’re going to show you...

## Function: IRR

The IRR Excel function is a finance function which can calculatee the internal rate of return (IRR) of a series of periodic cash flows. The function assumes that the cash flows occurs at regular intervals. In this guide, we’re going to show you how to use the IRR...

## Function: XNPV

The XNPV function is a finance function which can calculate the net present value (NPV) of a series of non-periodic cash flows, based on a specified discount rate. In this guide, we’re going to show you how to use the XNPV function and also go over ome tips and error...

## Function: NPV

The Excel NPV function is a finance function that calculates the net present value (NPV) of a series of cash flows based on a specified discount rate. In this guide, we’re going to show you how to use the Excel NPV function and also go over some tips and error...

## How to apply conditional formatting to Pivot Tables

Conditional Formatting is commonly used to highlight data fields to easily identify outliers, or narrow down the results. However, this feature works a bit differently when dealing with a Pivot Table. Pivot Tables are also dynamic elements, and conditional formatting...

## Function: EXACT

Excel EXACT function compares two strings and returns TRUE for a perfect match, and FALSE if not. Note that this comparison is case-sensitive. In this guide, we’re going to show you how to use Excel EXACT function to compare strings and also go over some tips and...