Category: Microsoft Excel

Get & Transform is a powerful data analysis tool in Microsoft Excel that allows you to import, refine and work with data from a range of sources, including files saved to your computer and web pages on the internet. You can shape data in order to display the details relevant to your purposes and hide information that is not required, without making permanent and irreversible changes to the data.

Excel worksheets can be used to keep lists of information such as employee details, subscribers, accounts, sales, or even bird sightings if need be. The Advanced Filter in Excel enables you to analyse the data in a list by filtering it according to specific criteria. Excel worksheets can be used to keep lists of information such as employee details, subscribers, accounts, sales, or even bird sightings if need be. The Advanced Filter in Excel enables you to analyse the data in a list by filtering it according to specific criteria.

Slicers are special field filters that can be applied to Excel tables. They are most useful for further dissecting an existing PivotTable report in a worksheet. Slicers are actually graphics objects comprising of a rectangle and special filter buttons. Slicers are inserted into the worksheet from the Slicer command on the INSERT tab of the ribbon.

Excel’s reputation as an analysis tool grows with each successive upgrade. While data analysis was originally confined to data in a worksheet, Excel is now being used for analysing data from a variety of sources including databases and larger corporate data sources. Whilst this can be done using Excel itself, Power Pivot is an add-in that consolidates the steps towards achieving this.

PMT is an abbreviation for payment. The PMT function calculates the regular payment that needs to be made for an amount of money, based on a fixed interest rate and for a fixed duration. It is ideal for estimating the regular repayments to be made for a loan, but remember that in most situations fees, taxes and charges are added, so check with your lending institution first.
The general function to calculate regular repayments on a loan is =PMT(interest rate, duration, loan amount).
Before you start, ensure that the data you are working with in your Excel worksheet looks similar to the screen capture in Step 1.