Earlier, we had seen how the RATE function can be used to calculate the return on investments, whether lump-sum or periodic. This can come in handy in the calculation of SIP returns, too.

In the past, an Internal Rate of Return was calculated using the XIRR or the MIRR function in Excel. Although Excel helps people avoid some manual calculations, teams calculating an IRR in Excel face ...

How to turn complex formulas into easy-to-use custom functions using LAMBDA() in Excel Your email has been sent LAMBDA functions are new to Microsoft Excel. With LAMBDA functions, you can turn a ...