How to find the power of a number

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) Steps Begin...
How to find the unique items in a list

How to find the unique items in a list

Dissecting and organizing data doesn’t have to be challenging. You can quickly filter your data items with this method using a combination of formulas to determine which are unique items. Syntax =LOOKUP(2, 1/(COUNTIF(expanding unique list, original list)=0),...
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...
Handle With Care: Volatile Functions in Excel

Handle With Care: Volatile Functions in Excel

You can create all sorts of mathematical models in Excel, but imagine a model with thousands of formulas, all of which need to be calculated every time you enter a value. This would make calculations very slow and the user experience, not a pleasant one. Thanks to its...
INDIRECT Formula and Proper Referencing

INDIRECT Formula and Proper Referencing

INDIRECT is a versatile function in Excel’s already huge repertoire of referencing tools. In this guide we’re going to take a look at its various use cases. This function can return the reference specified by a text string, foolproof your Excel models, or even...