Working with Logical Formulas

The previous pages demonstrated how to create, name and use Lookup tables. Another useful set of Functions are the Logical formulas.

 

A Logical formula is binary. There are only two answers: True/False, Yes/No. It begins with a Logical Test. Say you wanted to calculate how much money would be paid in less than 60 days? You could use a Logical equation here.

 

1. Try it: Create a Logical Formula

Select Cell D1 and type: Pay in 60

Select Cell D1 and format the label BOLD.

 

Select Cell D2.

Go to Formulas->Function Library ->Logical.

Click on IF

What Do You See? Microsoft Excel will prompt you to fill in the Arguments.

Logical Test: C2<60

Value_if_true:B2

Value_if_false: 0 (that's a zero)

Please click OK. Keep going...!

Formulas ->Function Library ->Logical ->IF

Exam 77-882: Microsoft Excel 2010 Core

5. Applying Formulas and Functions

5.4. Apply conditional logic in a formula (<,>,=)