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Part II<br />

Working with Formulas and Functions<br />

After you enter a formula, the cell displays the calculated result of the formula. The formula itself appears in<br />

the Formula bar when you select the cell, however.<br />

Following are a few examples of formulas:<br />

=150*.05 Multiplies 150 times 0.05. This formula uses only values and isn’t all that<br />

useful because it always returns the same result. You may as well just enter<br />

the value 7.5 into the cell.<br />

=A1+A2 Adds the values in cells A1 and A2.<br />

=Income–Expenses<br />

=SUM(A1:A12)<br />

=A1=C12<br />

Subtracts the value in the cell named Expenses from the value in the cell<br />

named Income.<br />

Adds the values in the range A1:A12.<br />

Compares cell A1 with cell C12. If they are identical, the formula returns<br />

TRUE; otherwise it returns FALSE.<br />

NOTE<br />

Formulas always begin with the equal sign so that Excel can distinguish them from text.<br />

Using operators in formulas<br />

Excel lets you use a variety of operators in your formulas. Operators are symbols that indicate the type of mathematical<br />

operation you want the formula to perform. Table 11.1 lists the operators that Excel recognizes. In<br />

addition to these, Excel has many built-in functions that enable you to perform additional calculations.<br />

TABLE 11.1<br />

Operators Used in Formulas<br />

Operator<br />

Name<br />

+ Addition<br />

– Subtraction<br />

* Multiplication<br />

/ Division<br />

^<br />

Exponentiation<br />

&<br />

Concatenation<br />

= Logical comparison (equal to)<br />

> Logical comparison (greater than)<br />

< Logical comparison (less than)<br />

>= Logical comparison (greater than or equal to)<br />

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