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Monday, February 1, 2010

Microsoft Exel tips: basic formulas

This article can also be found here.

There are hundreds of formulas and functions that you can use with Excel that will be enormously helpful to you. With more advanced things, you can find out things like how much you'll have to pay for a loan, how long it will take to pay it off, etc.

But for now, let's just look at the basics.

First off, all formulas in Excel will start with an = sign. You can also start it with a + sign, though that will eventually lead you to an = sign. So remember to start any formula with that.

After you know that, it's pretty easy for the basic formulas. You basically just type in what you want to do or how you would see it on a piece of paper, and then it finds the answer.

For example, if you want to add 2 + 3, type in: =2+3
If you want to multiply: =2*3
To divide: =2/3

So basic formulas in Excel are really pretty easy to do... all you have to do is type an = sign and then whatever you want figured out. They're easy to do, but they can be very beneficial because you can save a lot of time.

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