Confusion in Excel formulas [closed]

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I am not much familier with Excel, So i am getting some confusions in understanding certain formulas in excel sheet so can any one try to answer my question-- What is the meaning of the following formulas can anyone please elaborate them:

1.        =Fees!$D$9
2.        =IF(B16>0.7,Fees!$E$10,0)

Answer 1

For =Fees!$D$9, the word following the = sign is a name of a worksheet. In this example, the worksheet name is Fees. !$D$9 is a reference to the cell D9 in worksheet Fees. Using this notation, you can make the value of a cell equal to any other cell in the workbook.

=IF(B16>0.7, Fees!$E$10, 0) is the IF formula. It means that if the value in the cell B16 is greater than 0.7, then set the value of the cell to the E10 cell of the worksheet Fees. If not, set the value of the cell to 0.

Paul

Answer 2

The first formula simply sets the cell value equal to the value of the cell D9 on the worksheet Fees. The syntax is WorksheetName!CellAddress - the dollar signs $ in the cell address simply mean absolute rather than relative, i.e. don't change the source cell when you copy the formula to other destination cells.

The second sets the cell value equal to the value of the cell E10 on the worksheet Fees, unless the value in cell B16 of the current worksheet is less than or equal to 0.7, in which case it sets the cell value equal to 0. Here the syntax is IF(Predicate, Value if predicate true, Value if predicate false).

Answer 3

=Fees!$D$9

This returns cell D9 from a sheet named "Fees"

=IF(B16>0.7,Fees!$E$10,0)

This checks if the value in the cell B16 in the current sheet is larger than 0.7 or not. If it is larger then it returns the cell E10 from a sheet named "Fees". Else it returns the value "0"

Answer 4

Formula 1 is an absolute reference to cell D9 on the worksheet called Fees.

Formula 2 makes use of the IF function to return a value conditional on whether the value in cell B16 is greater than 0.7. If the value in B16 is indeed greater than 0.7, then the function returns the value in cell E10 on the worksheet called Fees. Otherwise, it returns 0.

Answer 5

1. Fees is sheet name. Default sheet name is like sheet1, sheet2 etc. In this case Fees is name of the sheet renamed.
2. ! symbol after Fees is syntax used to identify Fees as sheet name. the $D is column and $9 is row. $ symbol before a column and/or a row makes it absolute reference.
3. The if function takes care of else part also. So, the function will return the value in cell Fees!$E$10 if condition is true other wise it will return 0.