All articles with 'Learn Excel' Tag

Classically, known as “interest on interest”, compound interest is the most common type interest used in every day finance situations.

To calculate compound interest in Excel,

on principal amount P
at the rate of interest R
for the number of years N
and compounded T times per year
we can use the formula = P*(1+R/T)^(N*T)

In this article, understand how to calculate various kinds of compound interest values using Excel formulas.

We can use Excel’s LOOKUP function to quickly convert exam or test scores to letter grades like A+ or F. In this article, let me explain the process and necessary formulas. I will also share a technique to calculate letter grades from test scores using percentiles.

Gender Pay Gap is the difference in pay for groups of men & women and usually based on the average or median salaries. We can use Microsoft Excel to quickly calculate the GPG (Gender Pay Gap) from your data. In this article, let me explain the process, Excel formulas and offer you a ready to use GPG calculator.

Learn how to calculate weighted averages in excel using formulas. In this article we will learn what a weighted average is and how to Excel’s SUMPRODUCT formula to calculate weighted average / weighted mean.

What is weighted average?

Wikipedia defines weighted average as, “The weighted mean is similar to an arithmetic mean …, where instead of each of the data points contributing equally to the final average, some data points contribute more than others.”

Calculating weighted averages in excel is not straight forward as there is no built-in formula. But we can use SUMPRODUCT formula to easily calculate them. Read on to find out how.

Excel 365’s FILTER() function is great for getting a cut of data that meets your criteria. But what if you need to filter and then show non-adjacent columns? Something like below. In this article, let me show you a few options to get discrete columns after filtering with the FILTER function.

Do you want to calculate loan amortization schedule in Excel? We can use PMT & SEQUENCE functions to quickly and efficiently generate the full loan amortization table for any number of years.

Do you want to manage your staff’s allocations, shift schedules and view the results in a 4 week grid fashion (like below)? Then you are going to love my FREE Staff Roster Excel Template. What can you do with this template? Template Compatibility This template is designed to work with modern Excel only. You need […]

Analyst’s life is busy. We have to gather data, clean it up, analyze it, dig the stories buried in it, present them, convince our bosses about the truth, gather more evidence, run tests, simulations or scenarios, share more insights, grab a cup of coffee and start all over again with a different problem.

So today let me share with you 35 shortcuts, productivity hacks and tricks to help you be even more awesome.

Here is a fabulous New Year gift to you. A free Calendar & Activity planner made entirely in Excel. A fully customizable and flexible calendar for all your planning needs.

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Spotify | RSS

Bill Jelen is one of my most favorite people on earth. That is why I wanted to have him as my first guest when I restarted the podcast. Even though I recorded this few weeks ago, only now I got around to publishing it. Please enjoy the conversation with Bill.

Do you know that we can easily calculate the critical path for a project using Excel formulas?

For a long time, it has been tricky to calculate the Critical Path using Excel formulas. But thanks to the arrival of new Dynamic Array functionality in Excel, we can now calculate critical path. In this article let me describe the approach with an example.

Put on your hardhats, this one is going to blow your minds.

Recently I had to create a Pivot report from monthly data. But there is a twist. The data is spread across multiple sheets, one for each month. Let me explain how I built the pivot for that scenario.

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Spotify | RSS

Ladies & gentlemen… I have an exciting announcement. I am relaunching my podcast!!!

It only took me 7 years, but Chandoo.org podcast is now BACK! I am planning to make regular episodes on Excel, Power BI, SQL & Data Analytics.

In the 1st episode of Season 2 of Chandoo.org podcast I talk about, Top 5 Excel Skills you need to be a Successful Data Analyst in 2023.

Excel formulas acting slow? Today lets talk about optimizing & speeding up Excel formulas. Use these tips & ideas to super-charge your sluggish workbook. Use the best practices & formula guidelines described in this post to optimize your complex worksheet models & make them faster.

1. Use tables to hold the data
2. Use named ranges & named formulas
3. Use Dynamic Array formulas
4. Sort your data
5. Use manual calculation mode

… and more. Read on to learn these top 10 tips & ideas to improve performance of your excel formulas.

Create a beautiful & fully interactive todo list with Excel using this tutorial (or download the free todo list template). Impress everyone.