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 ...

To extract and sort non-adjacent arrays in your data, nest the CHOOSECOLS or CHOOSEROWS functions inside your SORT or SORTBY formula. Alternatively, to extract, filter, and sort columns from a dataset ...