I'm unable to use below formula in excel
400+rate÷400×principal====
Ex.
Do this in calculator:
400+9.05÷400×10000
Now press four times the equal button. Answer is 10936.17. But I'm unable to do this in Excel. I hope someone may help me.
You don't need to write ====, just one = is enough. Also, use * and not x, use / and not ÷.
If you want the result to be 10226.25, you need some math predecessors using brackets ().
Enter this equation in a cell:
=(400+9.05)/400*10000
This gives the expected outcome:
10226.25
Whenever you press = in the calculator you are multiplying the result by the operation before it
400+9.05=409.05 you will get the result without =in the calculator if you only press ÷
409.05 ÷ 400 = 1.022625 this is the number that each time you press = will multiply the result in the calculator
you write X 10000 and first = 10266.25 first result
second = is 1.022625 X 10266.25 second result 10457.62
third = is 1.022625 X 10457.62 third result 10694.22
fourth = is 1.022625 X 10694.22 fourth result 10936.18 your outcome
In Excel you have to write:
=(((400+9.05)/400)^4)*10000 to have the same outcome
It's true that Excel can be used as a Calculator up to certain extent,, but it's not created to act like a Calc,, always remember ever calculation begins with = sign followed either by Function or data.
So finally you should write your Formula like this,
=(400+9.05) /(400×10000)
You might find a parameterised version useful:
The inputs are shown in blue, the output in F2 where the formula is:
=C2*((A2+B2)/A2)^D2
D2 is effectively the number of equals signs depressed on your calculator.
I have the following formula:
=IF(AND(A1=0,A3="","1 item"),
IF(AND(A1=0,A3="Exclude","1 item"),
IF(AND(A1=1,A3="Exclude","1 item","2 items"))))
3 combinations of cell values in A1 and A3 return text which I'm calling "1 item"
Only 1 combination of cells value returns text which I'm calling "2 items".
The only combination to return "2 items" is where A1=1 AND A3="".
The formatting is wrong but I'm not sure where.
Any help would be greatly appreciated.
this is the correct formula -
brackets of AND() were not properly closed.
=IF(AND(A1=0,A3=""),"1 item",IF(AND(A1=0,A3="Exclude"),"1 item",IF(AND(A1=1,A3="Exclude"),"1 item","2 items")))
Excel's IF expects three parameters: Condition, What to do if condition is TRUE, and what to do if condition is FALSE.
I'll re-format your formula so you can see where the error is:
IF( AND(A1=0,A3="","1 item") ,
IF(AND(A1=0,A3="Exclude","1 item"),
IF(AND(A1=1,A3="Exclude","1 item","2 items")
)
)
)
As you can see
For the first IF you are not providing what to do if condition is FALSE,
The same for the second IF,
The third IF has no definition of what to do if the condition is TRUE or FALSE.
Hope this helps you.
UPDATE
Following your comment (which is still not clear to me), hereinafter I'm providing simple rules you may use to construct your formula correctly:
Write your formula as a piece of text (like the example I show above) so that you can easily read, edit and verify it,
Remember that Excel's IF has three parameters: Condition, result when condition is TRUE and result when condition is FALSE,
Within any of these three parameters, you can include whatever you want PROVIDED that the result is compliant with what the function expects for that parameter; for instance, writing for the first parameter 3=8 is completely legal since the result is FALSE (while 4=2*2 would yield TRUE).
Having this in mind, here is the formula I think you are looking for (WARNING!!! I'm not sure I understood what you need, but if not, changing it should be very easy for you now):
IF(AND(A1=1,A3=""),"2 items","1 item")
This is based on your wording: The only combination to return "2 items" is where A1=1 AND A3="".
I need to use a specific time, so far I had this
=IF(AND(TIME(15,45,0)<=(AW15=$A$11,$A$13)),IF(AND(TIME(15,45,0)>=(AW16=$A$13,$A$15))
So if before 15:45:00 I need for it to equal this logical test AW15=$A$11,$A$13 and if after 15:45:00 to equal to AW16=$A$13,$A$15.
Hope it makes sense and thanks in advance.
So it sounds like you are trying to write a nested IF statement. That is, IF A is true, THEN IF B is also true THEN return result 1, otherwise (A true, but B not true) return result 2, otherwise (A not true, B not tested) return result 3.
In Excel, this would be written as follows:
=IF(Parameter1=Condition1,IF(Parameter2=Condition2,Result1,Result2),Result3)
Applying it to your scenario, I think you are aiming for this:
=IF(TIME(HOUR(NOW()), MINUTE(NOW()), SECOND(NOW())) < TIME(15,45,0),
IF(AW15=$A$11,$A$13,"Condition1.2"),
IF(AW16=$A$13,$A$15,"Condition2.2"))
Note, some scenarios have not been covered by your statement, so I have written "Condition1.2" and "Condition2.2" which you can replace with additional tests or results to return.
Condition1.2 is where the time is before 15:45, but AW15 did NOT equal A11.
Condition2.2 is where the time is at or after 15:45, but AW16 did NOT equal A13.
You don't have to put anything in those placeholders if you don't want to, but if either of those conditions are ever met then the formula will simply return "FALSE".
Also, if you do not want the test time to be NOW(), then you will need to reference another cell that contains a fixed timestamp for when the row is being worked. NOW() is volatile, which means if you save the spreadsheet before 15:45 but then open it again after 15:45, the results you had already calculated will all change.
If i understand your question correctly, you need to compare the time now to 15:45:00 and make a selection based on that. If so the solution is:
=IF(TIME(HOUR(NOW()), MINUTE(NOW()), SECOND(NOW())) < TIME(15,45,0),
AW15=$A$11,$A$13, AW16=$A$13,$A$15)
This translates to: If the time now is before 15:45:00 then do AW16=$A$13,$A$15 else do AW16=$A$13,$A$15
If you want to compare the time in a specific cell then substitute the TIME(HOUR(NOW()), MINUTE(NOW()), SECOND(NOW())) with a cell which has a time for example:
=IF(A1 < TIME(15,45,0),
AW15=$A$11,$A$13, AW16=$A$13,$A$15)
So I have an excel function where I want to check to see if a string contains any of the strings mentioned, if it does, simply add 1 to the total, here's what I have:
=COUNTIF(C2:F2, "*offline")+COUNTIF(C2:F2, "*Expired")+COUNTIF(C2:F2, "*login")+COUNTIF(C2:F2, "*log in")
So for example if C2 says "login" D2 says "offline" , this function would only show "1".
Examples using just one Countif
If you want to count 1 then here is an example
=IF(SUM(COUNTIF(C2:F2, {"*offline","*Expired","*login","*log in"}))>0,1,0)
If you want to count all instances then change the above formula to
=SUM(COUNTIF(C2:F2, {"*offline","*Expired","*login","*log in"}))
Screenshot
So, you don't really want a count, you just want to know if any of those cells have one of the values you're looking for?
Surround your function in an if statement and print 1 if it has a count at all.
=IF(COUNTIF(C2:F2, "*offline")+COUNTIF(C2:F2, "*Expired")+COUNTIF(C2:F2, "*login")+COUNTIF(C2:F2, "*log in"),1,0)
I have an interesting challenge - I need to run a check on the following data in Excel:
| A - B - C - D |
|------|------|------|------|
| 36 | 0 | 0 | x |
| 0 | 600 | 700 | x |
|___________________________|
You'll have to excuse my wonderfully bad ASCII art. So I need the D column (x) to run a check against the adjacent cells, then convert the values if necessary. Here's the criteria:
If column B is greater than 0, everything works great and I can get coffee. If it doesn't meet that requirement, then I need to convert A1 according to a table - for example, 32 = 1420 and place into D. Unfortunately, there is no relationship between A and what it needs to convert to, so creating a calculation is out of the question.
A case or switch statement would be perfect in this scenario, but I don't think it is a native function in Excel. I also think it would be kind of crazy to chain a bunch of =IF() statements together, which I did about four times before deciding it was a bad idea (story of my life).
Sounds like a job for VLOOKUP!
You can put your 32 -> 1420 type mappings in a couple of columns somewhere, then use the VLOOKUP function to perform the lookup.
Without reference to the original problem (which I suspect is long since solved), I very recently discovered a neat trick that makes the Choose function work exactly like a select case statement without any need to modify data. There's only one catch: only one of your choose conditions can be true at any one time.
The syntax is as follows:
CHOOSE(
(1 * (CONDITION_1)) + (2 * (CONDITION_2)) + ... + (N * (CONDITION_N)),
RESULT_1, RESULT_2, ... , RESULT_N
)
On the assumption that only one of the conditions 1 to N will be true, everything else is 0, meaning the numeric value will correspond to the appropriate result.
If you are not 100% certain that all conditions are mutually exclusive, you might prefer something like:
CHOOSE(
(1 * TEST1) + (2 * TEST2) + (4 * TEST3) + (8 * TEST4) ... (2^N * TESTN)
OUT1, OUT2, , OUT3, , , , OUT4 , , <LOTS OF COMMAS> , OUT5
)
That said, if Excel has an upper limit on the number of arguments a function can take, you'd hit it pretty quickly.
Honestly, can't believe it's taken me years to work it out, but I haven't seen it before, so figured I'd leave it here to help others.
EDIT: Per comment below from #aTrusty:
Silly numbers of commas can be eliminated (and as a result, the choose statement would work for up to 254 cases) by using a formula of the following form:
CHOOSE(
1 + LOG(1 + (2*TEST1) + (4*TEST2) + (8*TEST3) + (16*TEST4),2),
OTHERWISE, RESULT1, RESULT2, RESULT3, RESULT4
)
Note the second argument to the LOG clause, which puts it in base 2 and makes the whole thing work.
Edit: Per David's answer, there's now an actual switch statement if you're lucky enough to be working on office 2016. Aside from difficulty in reading, this also means you get the efficiency of switch, not just the behaviour!
The Switch function is now available, in Excel 2016 / Office 365
SWITCH(expression, value1, result1, [default or value2, result2],…[default or value3, result3])
example:
=SWITCH(A1,0,"FALSE",-1,"TRUE","Maybe")
Microsoft -Office Support
Note: MS has updated that page to only document the behavior of Excel 2019. Eventually, they will probably remove references to 2019 as well... To see what the page looked like in 2016, use the wayback machine:
https://web.archive.org/web/20161010180642/https://support.office.com/en-us/article/SWITCH-function-47ab33c0-28ce-4530-8a45-d532ec4aa25e
Try this;
=IF(B1>=0, B1, OFFSET($X$1, MATCH(B1, $X:$X, Z) - 1, Y)
WHERE
X = The columns you are indexing into
Y = The number of columns to the left (-Y) or right (Y) of the indexed column to get the value you are looking for
Z = 0 if exact-match (if you want to handle errors)
I used this solution to convert single letter color codes into their descriptions:
=CHOOSE(FIND(H5,"GYR"),"Good","OK","Bad")
You basically look up the element you're trying to decode in the array, then use CHOOSE() to pick the associated item. It's a little more compact than building a table for VLOOKUP().
I know it a little late to answer but I think this short video will help you a lot.
http://www.xlninja.com/2012/07/25/excel-choose-function-explained/
Essentially it is using the choose function. He explains it very well in the video so I'll let do it instead of typing 20 pages.
Another video of his explains how to use data validation to populate a drop down which you can select from a limited range.
http://www.xlninja.com/2012/08/13/excel-data-validation-using-dependent-lists/
You could combine the two and use the value in the drop down as your index to the choose function. While he did not show how to combine them, I'm sure you could figure it out as his videos are good. If you have trouble, let me know and I'll update my answer to show you.
I understand that this is a response to an old post-
I like the If() function combined with Index()/Match():
=IF(B2>0,"x",INDEX($H$2:$I$9,MATCH(A2,$H$2:$H$9,0),2))
The if function compare what is in column b and if it is greater than 0, it returns x, if not it uses the array (table of information) identified by the Index() function and selected by Match() to return the value that a corresponds to.
The Index array has the absolute location set $H$2:$I$9 (the dollar signs) so that the place it points to will not change as the formula is copied. The row with the value that you want returned is identified by the Match() function. Match() has the added value of not needing a sorted list to look through that Vlookup() requires. Match() can find the value with a value: 1 less than, 0 exact, -1 greater than. I put a zero in after the absolute Match() array $H$2:$H$9 to find the exact match. For the column that value of the Index() array that one would like returned is entered. I entered a 2 because in my array the return value was in the second column. Below my index array looked like this:
32 1420
36 1650
40 1790
44 1860
55 2010
The value in your 'a' column to search for in the list is in the first column in my example and the corresponding value that is to be return is to the right. The look up/reference table can be on any tab in the work book - or even in another file. -Book2 is the file name, and Sheet2 is the 'other tab' name.
=IF(B2>0,"x",INDEX([Book2]Sheet2!$A$1:$B$8,MATCH(A2,[Book2]Sheet2!$A$1:$A$8,0),2))
If you do not want x return when the value of b is greater than zero delete the x for a 'blank'/null equivalent or maybe put a 0 - not sure what you would want there.
Below is beginning of the function with the x deleted.
=IF(B2>0,"",INDEX...
If you don't have a SWITCH statement in your Excel version (pre-Excel-2016), here's a VBA implementation for it:
Public Function SWITCH(ParamArray args() As Variant) As Variant
Dim i As Integer
Dim val As Variant
Dim tmp As Variant
If ((UBound(args) - LBound(args)) = 0) Or (((UBound(args) - LBound(args)) Mod 2 = 0)) Then
Error 450 'Invalid arguments
Else
val = args(LBound(args))
i = LBound(args) + 1
tmp = args(UBound(args))
While (i < UBound(args))
If val = args(i) Then
tmp = args(i + 1)
End If
i = i + 2
Wend
End If
SWITCH = tmp
End Function
It works exactly like expected, a drop-in replacement for example for Google Spreadsheet's SWITCH function.
Syntax:
=SWITCH(selector; [keyN; valueN;] ... defaultvalue)
where
selector is any expression that is compared to keys
key1, key2, ... are expressions that are compared to the selector
value1, value2, ... are values that are selected if the selector equals to the corresponding key (only)
defaultvalue is used if no key matches the selector
Examples:
=SWITCH("a";"?") returns "?"
=SWITCH("a";"a";"1";"?") returns "1"
=SWITCH("x";"a";"1";"?") returns "?"
=SWITCH("b";"a";"1";"b";TRUE;"?") returns TRUE
=SWITCH(7;7;1;7;2;0) returns 2
=SWITCH("a";"a";"1") returns #VALUE!
To use it, open your Excel, go to Develpment tools tab, click Visual Basic, rightclick on ThisWorkbook, choose Insert, then Module, finally copy the code into the editor. You have to save as a macro-friendly Excel workbook (xlsm).
Even if old, this seems to be a popular questions, so I'll post another solution, which I think is very elegant:
http://fiveminutelessons.com/learn-microsoft-excel/using-multiple-if-statements-excel
It's elegant because it uses just the IF function. Basically, it boils down to this:
if(condition, choose/use a value from the table, if(condition, choose/use another value from the table...
And so on
Works beautifully, even better than HLOOKUP or VLOOOKUP
but... Be warned - there is a limit to the number of nested if statements excel can handle.
Microsoft replace SWITCH, IFS and IFVALUES with CHOOSE only function.
=CHOOSE($L$1,"index_1","Index_2","Index_3")
Recently I unfortunately had to work with Excel 2010 again for a while and I missed the SWITCH function a lot. I came up with the following to try to minimize my pain:
=CHOOSE(SUM((A1={"a";"b";"c"})*ROW(INDIRECT(1&":"&3))),1,2,3)
CTRL+SHIFT+ENTER
where A1 is where your condition lies (it could be a formula, whatever). The good thing is that we just have to provide the condition once (just like SWITCH) and the cases (in this example: a,b,c) and results (in this example: 1,2,3) are ordered, which makes it easy to reason about.
Here is how it works:
Cond={"c1";"c2";...;"cn"} returns a N-vector of TRUE or FALSE (with behaves like 1s and 0s)
ROW(INDIRECT(1&":"&n)) returns a N-vector of ordered numbers: 1;2;3;...;n
The multiplication of both vectors will return lots of zeros and a number (position) where the condition was matched
SUM just transforms this vector with zeros and a position into just a single number, which CHOOSE then can use
If you want to add another condition, just remember to increment the last number inside INDIRECT
If you want an ELSE case, just wrap it inside an IFERROR formula
The formula will not behave properly if you provide the same condition more than once, but I guess nobody would want to do that anyway
If your using Office 2016 or later, or Office 365, there is a new function that acts similarly to a CASE function called IFS. Here's the description of the function from Microsoft's documentation:
The IFS function checks whether one or more conditions are met, and returns a value that corresponds to the first TRUE condition. IFS can take the place of multiple nested IF statements, and is much easier to read with multiple conditions.
An example of usage follows:
=IFS(A2>89,"A",A2>79,"B",A2>69,"C",A2>59,"D",TRUE,"F")
You can even specify a default result:
To specify a default result, enter TRUE for your final logical_test argument. If none of the other conditions are met, the corresponding value will be returned.
The default result feature is included in the example shown above.
You can read more about it on Microsoft's Support Documentation