The process of obtaining a value from one column depending on the Effective Date found in another column can be done using a function called VLOOKUP.
VLOOKUP stands for "vertical lookup," and it allows you to search for a specific value in the first column of a table or range of cells, and then return a corresponding value from a different column in the same row.
To use VLOOKUP, you need to supply four pieces of information:
Here's an example of how you might use VLOOKUP to obtain a value from one column depending on the Effective Date found in another column:
Suppose you have a table with three columns: Effective Date, Price, and Product. You want to be able to enter a specific date in a cell, and have Excel automatically look up the corresponding price for that date. Here's how you could do that:
=VLOOKUP(A1, table_range, 2, FALSE)
Here, "table_range" refers to the range of cells that includes the Effective Date, Price, and Product columns. The "2" tells Excel to return the value from the second column (i.e., the Price column), and "FALSE" tells Excel to look for an exact match (rather than an approximate match).
After you enter this formula and press Enter, Excel will search for the date you entered in cell A1, and then return the corresponding price from the second column of the table_range.
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Asked: 2022-06-12 11:00:00 +0000
Seen: 9 times
Last updated: Aug 11 '22
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