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Default UDF vs. Mega-Array-Formula

I am looking for feedback regarding whether I should pursue a solution as a
worksheet megaformula, or write a UDF using VBA instead.

I would prefer to use the megaformula instead of the VBA based solution for
speed purposes.

Question:
What criteria do you use to determine whether to pursue a solution via a
worksheet formula, or VBA?


for those who indicate case-by-case basis, can you elaborate what would make
you opt for the VBA instead of the mega formula?

thanks,
Harry

 
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