For most financial model, the difference between a FREE Version and a FULL Version is that in the FREE Version the formulas are not visible in Excel and the cells are protected. Only Input Cells might be editable so that the user can get a sense for the financial model.
- Formulas are not visible in the Formula Bar
- Cells are protected with the exception of some input and assumption cells
- Formulas are visible in the Formula Bar
- Cells are non protected, they are all editable for full use and further customization of the financial model