Hi, I'm relatively new to excel and starting with a new financial model and am trying to figure out what is going on. I've included a snapshot of my excel file,
I'm trying to understand what the ='K - Reserve'!AG12 is doing in the formula bar for cell C6 ( the other cells in the same column use a similar formula)
I see it is calculating the present value but I am not familiar with the formula notation, there is a reserve sheet with data that I am assuming it is referencing
Any help would just giving me an idea of what the formula is doing would be appreciated
I'm trying to understand what the ='K - Reserve'!AG12 is doing in the formula bar for cell C6 ( the other cells in the same column use a similar formula)
I see it is calculating the present value but I am not familiar with the formula notation, there is a reserve sheet with data that I am assuming it is referencing
Any help would just giving me an idea of what the formula is doing would be appreciated