Formulas are expressions used to perform calculations in Excel. Every formula begins with an equals sign followed by mathematical operations or functions. For example, =A1+A2 adds the values from two cells.
Formulas make spreadsheets dynamic. When data changes, Excel automatically recalculates results. This feature makes Excel powerful for budgeting, forecasting, and analysis.
Why It Matters
- Automates calculations
- Updates results instantly
- Supports financial and analytical modeling
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