Below is a mortgage calculator which can be used to calculate the monthly payment, and see the payment schedule based on the data provided. Once the results are generated based…

Function Explained PPMT and IPMT are both financial functions that can help us find the Principal and Interest amount of a certain payment.  PPMT function helps to calculate the Principal…

Function Explained PMT function is used to calculate the amount to be paid in each period on a loan or other financial instrument, such as bonds. Syntax =PMT(rate,nper,pv,[fv],[type]) rate -…

LET Function Explained LET function allows us to create names within a function, and assign values and calculations to these names so that they can be later re-used in the…

SEQUENCE Function Explained SEQUENCE function creates an array of sequential values. It is part of the Excel Dynamic Array Formulas. This is a group of formulas which allows the user…

Explanation RANDARRAY is a function that generates an array of random numbers. It is part of the Excel Dynamic Array Formulas. This is a group of formulas which allows the…

FILTER Function Explained FILTER returns a filtered list of values from a range that meet a certain criteria. It is part of the Excel Dynamic Array Formulas. This is a…

SORTBY Function Explained SORTBY function is used for dynamically sorting excel ranges by the values of other ranges. It is part of the Excel Dynamic Array Formulas. This is a…

SORT Function Explanation Sort function allows the user to dynamically sort ranges. It is part of the Excel Dynamic Array Formulas. This is a group of formulas which allows the…