The NUMBERVALUE function in Excel is used to convert text that appears in a recognized format into a number allowing you to take advantage of textformatted numeric values in calculations Its particularly useful when dealing with international number formats or inconsistencies in decimal and group separators Heres how to use it
The OCT2BIN function in Excel is used to convert an octal number base8 to a binary number base2 Here is how you can use this function
The NPV Net Present Value function in Excel is used to calculate the net present value of a series of cash flows given a discount rate Heres how you can use the NPV function in Excel
The NOW function in Excel is used to return the current date and time based on the system clock Heres how you can use it
The NPER function in Excel is used to calculate the number of periods for an investment based on constant periodic payments and a constant interest rate Its particularly useful in financial calculations like determining how long it will take to pay off a loan or reach a savings goal
The NORMSINV function in Excel is used to determine the inverse of the standard normal cumulative distribution Essentially it computes the zscore of a given probability for a standard normal distribution which is a normal distribution with a mean of 0 and a standard deviation of 1 This can be useful in statistical analysis to find percentile rankings or to transform probabilities into zscores
The NOT function in Excel is used to reverse the Boolean value of its argument If the argument is TRUE the NOT function returns FALSE and if the argument is FALSE it returns TRUE It is often used in logical tests when you want to negate a condition
The NORMSDIST function in Excel is used to calculate the standard normal cumulative distribution function which is the probability that a standard normal random variable Z is less than or equal to a given value The standard normal distribution has a mean of 0 and a standard deviation of 1
The NORMSINV function in Excel is used to find the inverse of the standard normal cumulative distribution for a given probability In simpler terms it tells you the zscore or standard score associated with a given cumulative probability in a standard normal distribution which has a mean of 0 and a standard deviation of 1
The NORMINV function in Excel is used to find the inverse of the normal cumulative distribution for a specified mean and standard deviation It essentially returns the value x such that the probability of the variable being less than x is equal to a given probability This is useful in statistical analysis when you need to find the value corresponding to a particular percentile in a normal distribution
