Microsoft Excel Formulas and Functions (Office 2021 and Microsoft 365), 1st edition
Published by Microsoft Press (April 9, 2022) © 2022
Paul McFedries

Title overview

Paul McFedries' step-by-step projects walk students through handling key tasks, from building timesheets to projecting cash flow and aging receivables. His practical examples and clear instructions demystify intermediate- to advanced-level formula construction, and help students leverage Excel's most useful functions in their everyday work. Becoming an Excel expert has never been easier!

By reading this book, students will:

  • Improve business analyses by adding intelligence and knowledge to their models
  • Replace cumbersome formulas with convenient predefined functions
  • Radically simplify complex calculations with Office 365's new dynamic arrays
  • Use conditional formatting to reveal anomalies, problems, or opportunities
  • Calculate loan payments, interest costs, terms, and amortization schedules
  • Project the future value of investments, and plan to achieve investment goals
  • Master essential discounting and cash-flow analysis tools, including net present value and internal rate of return
  • Sort, filter, and analyze tabular data, from customers to inventory
  • Easily analyze huge data sets with PivotTable calculations
  • Quickly create powerful spreadsheets with FlashFill
  • Use conditional formatting to instantly reveal anomalies, problems, or opportunities
  • Analyze data with standard tables and PivotTables
  • Use complex criteria to filter data in lists
  • Understand correlations between data
  • Perform sophisticated what-if analyses
  • Use regression to track trends and make forecasts
  • Build loan, investment, and discount formulas
  • Validate data, troubleshoot problems, and build more accurate, trustworthy spreadsheets

Updated for Office 2021 and Microsoft 365

Table of contents

Part 1: Mastering Excel formulas

Chapter 1: Building basic formulas

Chapter 2: Creating advanced formulas

Chapter 3: Troubleshooting formulas

Part 2: Harnessing the power of functions

Chapter 4: Understanding functions

Chapter 5: Working with text functions

Chapter 6: Working with logical and information functions

Chapter 7: Working with lookup functions

Chapter 8: Working with date and time functions

Chapter 9: Working with math functions

Part 3: Building business formulas

Chapter 10: Implementing basic business formulas

Chapter 11: Building descriptive statistical formulas

Chapter 12: Building inferential statistical formulas

Chapter 13: Applying regression to track trends and make forecasts

Chapter 14: Building loan formulas

Chapter 15: Working with investment formulas

Chapter 16: Building discount formulas

Part IV: Building business models

Chapter 17: Analyzing data with tables

Chapter 18: Analyzing data with PivotTables

Chapter 19: Using Excel's business modeling tools

Chapter 20: Solving complex problems with Solver

Author bios

Paul McFedries is an Excel expert and full-time technical writer. Paul has been authoring computer books since 1991 and has more than 100 books to his credit, which combined have sold more than 4 million copies worldwide. His titles include the Que Publishing books My Office 2016, Windows 10 In Depth (with coauthor Brian Knittel), and PCs for Grownups, as well as the Sams Publishing book Windows 7 Unleashed. Please drop by Paul's personal website at paulmcfedries.com or follow Paul on Twitter (twitter.com/paulmcf) and Facebook (facebook.com/PaulMcFedries).

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