Excel Function: MOD Function for Remainder Calculation
The MOD function in Excel is a mathematical function that finds the remainder of a division operation. The remainder is the value that remains after one number is divided by another. For example, the remainder of 10 divided by 3 is 1, since 10 divided by 3 equals 3 with a remainder of 1. The MOD function can be used to find the remainder of any division operation, and it can be useful for a variety of purposes, such as calculating the number of days in a month or the number of hours in a day.
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