What are basic Excel formulas?

Basic Excel formulas are the building blocks of any spreadsheet application. These formulas provide the framework for calculations and analysis of data. Excel formulas include simple arithmetic operations such as addition, subtraction, multiplication, and division, as well as more complex functions such as VLOOKUP, IF, and SUMIF. These formulas can be used to calculate numerical data, perform data analysis, and provide visualization of results. Basic Excel formulas are essential for anyone using spreadsheets for financial analysis, budgeting, or any other data-related tasks.
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