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Learn Introduction to Formulas and Functions in Excel | Mastering Basic Excel Formulas and Functions
Excel for Beginners

bookIntroduction to Formulas and Functions in Excel

Formulas and functions are the bread and butter of Excel. They are the tools that let you perform calculations, analyze data, and make your spreadsheets work smarter for you.

In this chapter, we'll explore how to harness the power of formulas and functions in Excel.

Open up the Codefinity Excel Workbook and go to the Section 3 worksheet to follow along with the video. Here you can download it if you lost the previous one:

Now, let's dive into the essential elements of working with formulas and functions in Excel.

Key Points

  • Formulas are basic math equations you type into a cell to get a result;
  • Functions are pre-built formulas that simplify complex calculations;
  • A formula structure starts with an equal sign (=), followed by the calculation including numbers, cell references, and operators;
  • Operators are symbols indicating calculations such as + (addition), - (subtraction), * (multiplication), / (division) and ^ (exponents);
  • Operands are items in the formula such as numbers, cell references or other formulas;
  • The order of operations in Excel follows BODMAS - Brackets, Orders, Division/Multiplication and Addition/Subtraction.

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Sectionย 3. Chapterย 1

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bookIntroduction to Formulas and Functions in Excel

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Formulas and functions are the bread and butter of Excel. They are the tools that let you perform calculations, analyze data, and make your spreadsheets work smarter for you.

In this chapter, we'll explore how to harness the power of formulas and functions in Excel.

Open up the Codefinity Excel Workbook and go to the Section 3 worksheet to follow along with the video. Here you can download it if you lost the previous one:

Now, let's dive into the essential elements of working with formulas and functions in Excel.

Key Points

  • Formulas are basic math equations you type into a cell to get a result;
  • Functions are pre-built formulas that simplify complex calculations;
  • A formula structure starts with an equal sign (=), followed by the calculation including numbers, cell references, and operators;
  • Operators are symbols indicating calculations such as + (addition), - (subtraction), * (multiplication), / (division) and ^ (exponents);
  • Operands are items in the formula such as numbers, cell references or other formulas;
  • The order of operations in Excel follows BODMAS - Brackets, Orders, Division/Multiplication and Addition/Subtraction.

Everything was clear?

How can we improve it?

Thanks for your feedback!

Sectionย 3. Chapterย 1
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