Discover how to easily calculate the payback period of investments using Excel, a crucial skill for evaluating financial projects and capital budgeting.
DATEDIF(), which means Date + Dif, is a compatibility function left over from Lotus 1-2-3 that Microsoft adopted in Excel version 2000, which is the only version that explains how this function works.
Q. In Excel, I’m calculating the difference between times in hours, but the results I’m getting don’t exactly agree with my proof calculation (calculated based on the difference between my total ...