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Excel lookup/match bug - can find given but not calculated value, even if they're the same

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I'm experiencing a very odd behaviour with Excel lookups and match: if I try a lookup or match for 7.03, it will find a cell, but if I lookup 7.02+0.01, it fails. For example:

AB
17.01a
27.02b
37.03c
47.04d
57.05e
  • If I use =VLOOKUP(7.03, A1:B5, 2, 0) it correctly returns c
  • If I do =VLOOKUP(7.01+0.01,A1:B5, 2, 0), it correctly returns b - it's looking up 7.02
  • If I do =VLOOKUP(7.02+0.01,A1:B5,2,0) it FAILS and returns #N/A - it also fails for equivalent XLOOKUP and MATCH formulae

It also fails on other calculated values - not just this one. If I do an 'inexact' match type, it finds the wrong value (7.02).

I can work around this, but is this a bug or can I control for it - how!?

I'm on Excel for Mac Version 16.84 (24041420)


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