Let us try it out on a simple tax table then we will create an IFS Formula that will simulate the exact same logic of the table. If you find re-typing your most recent formula a monotonous task then use the Recently Used menu. To edit a formula click in the formula bar and change the formula.
On the Formulas tab in the Formula Auditing group click Evaluate Formula.
There are a lot of complicated formulas out there but a great formula doesnt. If we want to insert a formula in Excel then we need to get into the edit mode of the cell where we want to apply and then type equal sign. To output a NUMBER. To test if an argument is true or false.