Google Sheets Function: BYROW
The BYROW function applies a LAMBDA function to each row of the entered table.
Prerequisite: understand the LAMBDA function.
Usage:
=BYROW(array_or_range, LAMBDA)
Example of use
The objective here will be to list with a single formula the lowest rate of each row:

Enter the BYROW function followed by the table containing the data to be processed:
=BYROW(B2:D11
Then add the LAMBDA function and choose a variable name (for example, "rates"):
=BYROW(B2:D11;LAMBDA(rates
And finally, add a MIN function to determine the lowest rate:
=BYROW(B2:D11;LAMBDA(rates;MIN(rates)))
The BYROW function will then traverse the entered table (B2:D11) row by row and return the smallest value of each row:

If needed, you can copy the Google Sheets document (or view the document) with this example.