## How do you use year function?

The Excel YEAR function returns the year component of a date as a 4-digit number.

You can use the YEAR function to extract a year number from a date into a cell or to extract and feed a year value into another formula, like the DATE function..

## How do I calculate interest rate in Excel?

=PMT(17%/12,2*12,5400)The rate argument is the interest rate per period for the loan. For example, in this formula the 17% annual interest rate is divided by 12, the number of months in a year.The NPER argument of 2*12 is the total number of payment periods for the loan.The PV or present value argument is 5400.

## How do you calculate annual rate in Excel?

To calculate the Compound Annual Growth Rate in Excel, there is a basic formula =((End Value/Start Value)^(1/Periods) -1. … Actually, the XIRR function can help us calculate the Compound Annual Growth Rate in Excel easily, but it requires you to create a new table with the start value and end value.More items…

## Which function finds the largest number in a range?

ExampleAFormulaDescription (Result)=MIN(A2:A7)Smallest number in the range (0)=MAX(A2:A7)Largest number in the range (27)=SMALL(A2:A7, 2)Second smallest number in the range (4)8 more rows

## What is the return value of right function?

RIGHT returns the last character or characters in a text string, based on the number of characters you specify. RIGHTB returns the last character or characters in a text string, based on the number of bytes you specify. Important: These functions may not be available in all languages.

## How does the Find function work?

The Excel FIND function returns the position (as a number) of one text string inside another. When the text is not found, FIND returns a #VALUE error. A number representing the location of find_text. find_text – The text to find.