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12 GOLDEN RULES OF INVESTMENT Live by these 12 rules and let your money grow!  1) The past is irrelevant –   Do not rely on past performances and build castles in the air. Invest for tomorrow and live for today.  2) Opinions can hurt. Don’t ask too many people –   just don’t!! To each, his own. What works for someone else, may not work for you and vice-versa. Your investment plan should be as unique as the back of your hand. More importantly, it must suit you best.  3) Everyone’s journey is different. Understand yours. –   Do not invest if you’re not clear on the purpose. Do not draw parallels with other investors. Your need for investing, risk appetite, and nature of investments is of utmost importance. You need to understand what you are doing.  4) Don’t allow your ego to engage with professional advice –   Trust your financial advisor! Google can give you lots of information but your advisor will tell you what’s best for you. Listen and then act!  5) Overthinking will never allow

If Statement With Another Function In Excel

 IF statement with another function

IF statements can also force additional calculations to be performed if a certain condition is met. Here we're going to evaluate a cell to see if Sales Tax should be charged, and calculate if the condition is true.

1. In cell F33, we've entered =IF(E33 = "Yes", F3 1*SalesTax,0), where we set up SalesTax as a Named Range with a value of 0.0825. Our formula says If cell E33 equals Yes, then multiply cell F31 times SalesTax, otherwise return a 0.

Try changing Yes to No in cell E33 to see the calculation change.

2. Next we've added an IF statement to calculate shipping if it's required. In cell F35 you'll see =IF(E35="Yes",SUM (D28:D29)*1.25,0). This says "if cell E35 is Yes, then take the sum of the Quantity column in the table above, and multiply it by 1.25, otherwise return a 0".

3. Next, change the 1.25 in the formula in cell F35 to "Shipping". As you start typing, Excel auto-correct, should find it for you. When it does, press Tab to enter it. This is a Named Range, and we entered it from Formulas Define Name. Now, if you ever need to change your shipping cost, you only have to do it in one place, and you can use the Shipping name anywhere in the workbook.



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