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Creating a Formula Bot in Excel

Creating a Formula Bot within Excel involves setting up a system where users can input specific parameters or queries, and the spreadsheet returns appropriate Excel formulas or performs calculations based on those inputs.

Although Excel does not support traditional bot functionalities like natural language processing, you can develop a sophisticated, interactive tool using a combination of formulas, data validation, and possibly VBA—Visual Basic for Applications—for more advanced features. Below is a comprehensive guide on how to create such a tool.

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Amortization Schedule in Excel

An amortization schedule is a table or chart that outlines the repayment of a loan over time. It provides a detailed breakdown of each payment, showing how much of it goes toward repaying the loan principal and how much is allocated to paying interest. Amortization schedules are commonly used for mortgages, car loans, and other installment loans to help borrowers understand their payment structure and track the progress of loan repayment.

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Linear Regression in Excel

Linear regression is a statistical method used to model the relationship between a dependent variable (often denoted as “Y”) and one or more independent variables (often denoted as “X”). The primary goal of linear regression is to find the best-fitting linear equation that describes this relationship.

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