Rounding Numerical Substrings

To find a formula that will retrieve the output by rounding numerical substrings to 3 decimal places, we will use a combination of LEFT, FIND, MID &am...

Calculating the Remaining Credit after Each Purchase

Problem: Calculating the credit that remains after each purchase is made. Once the credit limit (stored in cell B1) is exceeded, zero is to be ret...

Excluding Exceptional Values when Calculating an Average

Problem: List1 (column A) contains 10 numbers, two of which (0 & 500) are significantly smaller or greater than the remainder. If included in ...

Problem: The following PMT formula calculates the monthly payment for a \$100,000 mortgage, repaid over a period of 20 years, at 8% annual interest:...

Using Financial Functions

Problem: The range B2:G6 contains some of the following parameters for a number of different loans (each occupying a separate column): Principal, ...

Creating a Dynamic Inventory List Based on Daily Sales

Problem: Columns A & B contain a log of all the sales from a particular day. Each row consists of the name of an item and the quantity sold. ...

Loan Amortization Schedule

In this article we will learn about how to calculate the loan amortization schedule in Excel. To calculate loan payment we will use the “RATE”, �...

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