What is mod functions?
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The Excel MOD function returns the remainder of two numbers after division. For example, MOD (10,3) = 1. The result of MOD carries the same sign as the divisor. number - The number to be divided. divisor - The number to divide with. Use the MOD function to get a reminder after division.
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Step-by-step explanation:
The function helps find a remainder after a number (dividend) is divided by another number (divisor). As a financial analyst. Perform financial forecasting, reporting, and operational metrics tracking, analyze financial data, create financial models, the function is useful when we need to process every nth value.
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