

The PMT function is considered to be the most popular and used financial formula in Excel.
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The TEXT function converts a numeric value to text and combines numbers with text or symbols.įor example, if cell A1 contains the number 23.5, you can use the following formula to format the number as a dollar amount:Financial Functions in Excel Tutorial – Free Online Microsoft Excel 2010 Tutorial –įormulas and Functions in Excel Financial Functions in Excel Tutorial Free Online Microsoft Excel 2010 Tutorialįormulas and Functions in Excel * Overview of the PMT Function ExcelĬalculate Monthly Payments Excel ~ PMT ExcelĬalculate Interest Rate in Excel ~ Rate ExcelĬalculate Number of Payments ~ NPER ExcelĬalculate Amount You Can Afford to Loan ~ PV Excelĭo you know how to use the most popular Financial Functions? PMT (payment for a loan), PV (present value of a loan), RATE (interest rate of a loan) and NPER (number of payments that have to be made to repay a loan). Use the TEXT function to combine and format strings. Learn more about using operation calculators. In many cases, using the ampersand operator is quicker and simpler than using CONCATENATE to create strings. The ampersand (&) calculation operator lets you join text items without having to use a function.įor example, =A1 & B1 returns the same value as =CONCATENATE(A1,B1). Use the ampersand & character instead of the CONCATENATE function. #NAME? usually means there are quotation marks missing from a Text argument. The #NAME? error appears instead of the expected result. The string "Hello " has an extra space added. For example: =CONCATENATE("Hello ", "World!"). For example: =CONCATENATE("Hello", " ", "World!").Īdd a space after the Text argument.

There are two ways to do this:Īdd double quotation marks with a space between them " ". Add extra spaces as part of the CONCATENATE formula. Without designated spaces between separate text entries, the text entries will run together. Numbers don't need to have quotation marks. For example: Excel will display =CONCATENATE("Hello ""World") as Hello"World with an extra quote mark because a comma between the text arguments was omitted. Use commas to separate adjoining text items. Joins the same items as the previous example, but by using the ampersand ( &) calculation operator instead of the CONCATENATE function. Joins three things: the string in cell B3, a string consisting of a space with ampersand and another space, and the value in cell C3. Joins three things: the string in cell C2, a string with a comma and a space character, and the value in cell B2.

Joins three things: the string in cell B2, a space character, and the value in cell C2. The result is Stream population for brook trout species is 32/mile. To use these examples in Excel, copy the data in the table below, and paste it in cell A1 of a new worksheet.Ĭreates a sentence by joining the data in column A with other text. You can have up to 255 items, up to a total of 8,192 characters. The item can be a text value, number, or cell reference.Īdditional text items to join. =CONCATENATE("Stream population for ", A2, " ", A3, " is ", A4, "/mile.") This is because CONCATENATE may not be available in future versions of Excel. Although the CONCATENATE function is still available for backward compatibility, you should consider using CONCAT from now on. Important: In Excel 2016, Excel Mobile, and Excel for the web, this function has been replaced with the CONCAT function.
