What is the Difference Between a Formula and a Function?

Answer: In Excel, a Function is a predefined computation within the spreadsheet application, whereas a Formula is an equation that a user creates. Formulas and functions in Excel will be compared and contrasted in this article so that you can clearly understand the similarities and differences between the two.

Excel allows users to conduct straightforward calculations, such as determining the sum of the numbers in a row or column. Formulas and functions can be helpful in more sophisticated scenarios, such as addressing mathematical or technical problems, calculating mortgage payments, and developing financial models.