How many formulas should you learn? [Weekend Poll]

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Over at twitter, @forthemoves asks,

That got me thinking. How many functions should you care to learn?

My answer
Simple. Think of functions as words. The more you know, the better you can communicate with Excel. It is just like building your vocabulary. That said, there is no point memorizing every last one of them. And let’s be honest, its not like you are going to suddenly start using ACOTH(), BAHTTEXT() or COMPLEX(). But learning just SUM() and IF() is going to get you in to trouble quickly. Go beyond the basics and pick up necessary formulas to become awesome at work.

Here are few places to start your journey – Top 10 formulas for analysts & Beyond IF() and SUM() – 15 formulas for you.

What do you think?
How many formulas should you learn? What formulas are must everyone working with Excel know? Please share your thoughts in the comments section.

Note: It is a long weekend in NZ (labor day). Although every week is a long weekend for me (I don’t go to work, I am happily self-employed). That said, this one is special as kids get an extra day to enjoy. So we are going on our first ever overnight tramp (hike + stay in woods). We are heading to Rimutaka forest park. Next transmission will be on Tuesday. Enjoy your weekend. And if you get bored, you know what to do.

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One Response to “Loan Amortization Schedule in Excel – FREE Template”

  1. Ag says:

    The balance formula as given doesnt seem to work on my excel

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