Formulas and functions are the foundation for performing calculations in Excel. A formula is an expression that calculates the value of a cell, while a function is a predefined formula which is already available in Excel. Given that there are over 400 built-in functions in Excel, it is necessary to know why and how to use a particular function, as well as knowing the functions and formulas that will make your work easier. Whether you are a beginner, an advanced user, or somewhere in between this is your indispensable go-to for the latest on Excel formulas and functions. When creating very complicated spreadsheets or carrying out simple math that require formulas up to the task, making use of the right formula can increase the efficiency and accuracy of your work, and can improve the speed with which you organize and evaluate data. This book will help you to understand and work with the most essential formulas, functions, and shortcuts for an effective financial analysis and business modeling. The text is easy to understand with clear instructions and practical examples. What You'll Learn: How formulas and functions work. Customize or reuse the provided formula to address your specific needs. Real-world examples of how functions play a part in larger formulas. Predict the future value of investments, and make plans to achieve investment goals. Master important functions for discounting and cash-flow analysis.