What are data formats in Excel? Mention 3 common ones.

It is essential to know the basic data formats in Microsoft Excel, as they are used for creating financial models. Some of the common data formats are:

  • Strings: These constitute a text-type format comprising letters, numbers and even punctuations. 
  • Numbers: These are numerical values that are formatted by separating commas and using decimal places. 

Currencies: These comprise a monetary format that is made available in different currencies. 

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Sanisha Maharjan
Jan 18, 2022
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