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MICROSOFT EXCEL

Why would you use a computer ledger instead of a paper one?

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Page 1: Why would you use a computer ledger instead of a paper one?

MICROSOFT EXCEL

Page 2: Why would you use a computer ledger instead of a paper one?

PAPER VS. COMPUTER

Why would you use a computer ledger instead of a paper one?

Page 3: Why would you use a computer ledger instead of a paper one?

SPREADSHEET BASICS

Columns Rows Cells

Page 4: Why would you use a computer ledger instead of a paper one?

DATA

Three types of data: Labels (text) Constants (numbers) Formulas (equations)

Page 5: Why would you use a computer ledger instead of a paper one?

OPERATIONS

Exponents: x2 = x^2 Be sure to insert parentheses where

appropriate (these formulas follow the order of operations)

Page 6: Why would you use a computer ledger instead of a paper one?

YOU TRY

See if you can create a spreadsheet that looks like this:

Don’t forget to format the cells!

Page 7: Why would you use a computer ledger instead of a paper one?

FORMULA FOR C8

All formulas begin with “=“

*Make sure to reference the cell and not just the number!

Page 8: Why would you use a computer ledger instead of a paper one?

PMT FUNCTION

Select a cell a couple of spaces to the right of your formula and click the fx button

Type “pmt” in the search window (then double click PMT in the suggestion list)

See if you can figure out how to make the auto-matic functionwork to get the same result as your formula

Page 9: Why would you use a computer ledger instead of a paper one?

DRAG HANDLE

See if you can make thistable WITHOUT typing anything after the 2nd row

Use the drag handle tocopy the other linesthrough $26,000.

Page 10: Why would you use a computer ledger instead of a paper one?

=SUM OR AUTOSUM (Σ)

Create this spreadsheet: Find the sum of thesecells using 3 methods:

Using AutoSum Σ Adding cells using + Using =sum(cell1:cell5)

Page 11: Why would you use a computer ledger instead of a paper one?

APPLICATION

Create a spreadsheet that will keep track of ten students making monthly payments for a trip to NYC. The total trip cost per student is $1000.

The months should start with September and end with April Your spreadsheet should:

Keep track of how much each person pays and how much they still owe.

Keep track of how much is collected each month. Show the total amount collect altogether. And show the total amount still need to be collected.

Use sums and formulas. Copy your formulas using the drag handle. Enter various payment amounts throughout the spreadsheet

to show that it works.

Page 12: Why would you use a computer ledger instead of a paper one?

SORT

Open your spreasheet containing this table:

Click on the top of the left-most columnThen right-click and insert a column

Page 13: Why would you use a computer ledger instead of a paper one?

SORT

Delete everything below $10,000 and add a list of names.

You will also need to change the Loan Amounts to constants (use drag handle) – no formulas.

Page 14: Why would you use a computer ledger instead of a paper one?

SORT

Select the list of names and then sort

Expand the selectionthen sort.

Page 15: Why would you use a computer ledger instead of a paper one?

SORT

It should look something like this:

Alp

habeti

cal

Page 16: Why would you use a computer ledger instead of a paper one?

IF COMMAND

Make a spreadsheet that will determine whether you need to retake a test, and if so, how many hours you should spend studying for it.

The # of hours should be 15% of the differencebetween the cutoff and thetest score

Page 17: Why would you use a computer ledger instead of a paper one?

IF COMMAND

=IF(logical test ,value_if_true ,value_if_false)

Use >, <, >=, <=, =, or >< for logical test)

Put text in quotations (like “Yes” and “No”)

Use formulas

Example:

=IF(D4<=G21, H12*.75, “No Retake”)

If D4 is less thanor equal to G21

Then multiplyH12 times .75& display the answer.

Otherwisedisplay “No Retake”

Page 18: Why would you use a computer ledger instead of a paper one?

EXCEL PROJECT

Create a spreadsheet to calculate the amount of commission a salesman would make depending on these factors: Sales Goal Percentage of goal already sold Base Rate Percentage Multiplier

Page 19: Why would you use a computer ledger instead of a paper one?

EXCEL PROJECT

Sales Goal = $3.25Million Base Rate = 2.3%

(Commission)

(% of Goal)

Page 20: Why would you use a computer ledger instead of a paper one?

EXCEL PROJECT

Example: Sales Goal = $6,500,000 Base Rate = 1.5% Sales = $4,000,000 Find the Commission

Page 21: Why would you use a computer ledger instead of a paper one?

EXCEL PROJECT

Goal = $6.5MIL Sales = $4MIL Base Rate = 1.5%

$4MIL is 61.5% of $6.5MIL Total Commission = commission on 1st 20% of sales

+ commission on 2nd 20% of sales + commission on 3rd 20% of sales

+ commission on %-age over 60% 1st 20% =(6.5Mx0.2)(.015)(.25) = $4,875 2nd 20% =[(6.5Mx0.4) – (6.5Mx0.2)](.015)(.5) = $9,750 3rd 20% =[(6.5Mx0.6) – (6.5Mx0.4)](.015)(.75) = $14,625 Over 60% =[4M– (6.5Mx.6)](.015)(1.00) = $1,500 Total Commission = $4875 + $9750 + $14625 + $ 1500

= $30,750

Page 22: Why would you use a computer ledger instead of a paper one?

EXCEL PROJECT Your first and last #’s will be slightlydifferent from mine. And your total.

Page 23: Why would you use a computer ledger instead of a paper one?

EXCEL PROJECT Your first and last #’s will be slightlydifferent from mine. And your total.