Given monthly sales for several products, how do I write a formula that returns the sales of a product during a specific month? For example, how much of Product 2 did I sell during June?
Given a list of baseball players’ salaries, how do I write a formula that yields the player with the highest salary? How about the player with the fifth-highest salary?
Given the annual cash flows from an investment project, how do I write a formula that returns the number of years required to pay back the project’s initial investment cost?
Suppose you have a worksheet with 5000 rows containing 5000 names. You need to find the name John Doe, which you know appears somewhere (and only once) in the list. Wouldn’t you like to know a formula ...