Question

D. Answer the following questions.
1. Differentiate between a formula and function with an example.​

Answer 1

Answer:

So in summary, a formula is any calculation in Excel, but a function is a pre-defined calculation. =MAX(A1:B20) is a formula containing a function. Mastering the use of functions in formulas is a key skill in learning financial modelling. Happy formula-writing!

Answer 2

Explanation:

So in summary, a formula is any calculation in Excel, but a function is a pre-defined calculation. =MAX(A1:B20) is a formula containing a function. Mastering the use of functions in formulas is a key skill in learning financial modelling.