Excel uses a default order in which calculations occur. If a part of the formula is in parentheses, that part will be calculated first. It then performs multiplication or division calculations. Once this is complete, Excel will add and subtract the remainder of your formula. See the example below.
First, Excel performs multiplication (A1 * A2). Next, Excel adds the value of cell A3 to this result.
Another example,
First, Excel calculates the part in parentheses (A2+A3). Next, it multiplies this result by the value of cell A1.
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