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Function Formulas

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30 views2 pages

Function Formulas

Uploaded by

api-253770520
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Data

147
684
722
394
545
Mathematical Functions
Sum of the range B3:B7 =SUM(B3:B7)
Square root of cell B10 =SQRT(B10)
Cell B11 rounded to 2 decimal places =ROUND(B11,2)
Statistical Functions
Average of the range B3:B7 =AVERAGE(B3:B7)
Number of filled cells in the range B3:B7 =COUNT(B3:B7)
Largest number in the range B3:B7 =MAX(B3:B7)
Smallest number in the range B3:B7 =MIN(B3:B7)
Standard deviation of the range B3:B7 =STDEV(B3:B7)
Variance of the range B3:B7
Financial Functions
Rate 0.06
Periods 40
Payment -2400
Future Value =FV(B24,B25,B26)
Rate
Periods
Payment
Present Value
Rate =6%/12
Periods 36
Principal 5000
Payment =PMT(B34,B35,B36)
Total of Payments over years =B35*B37
Total Interest (cost of burrowing money) 475.95
Scenario 2: You have a choice of receiving $1,200 immediately or eight annual payments of $210 that will be invested at 3% annual interest for the entire eight years. Which is the most profitable alternative?
Scenario 3: You need to borrow $5,000. Your bank is offering an annual interest rate of 12% for a five-year loan. What will your monthly payments be and how much interest will you pay over the life of the loan?
FUNCTIONS WORKSHEET
226407387.xlsx.ms_office Summer Waychoff
Scenario 2: You have a choice of receiving $1,200 immediately or eight annual payments of $210 that will be invested at 3% annual interest for the entire eight years. Which is the most profitable alternative?
Scenario 3: You need to borrow $5,000. Your bank is offering an annual interest rate of 12% for a five-year loan. What will your monthly payments be and how much interest will you pay over the life of the loan?
FUNCTIONS WORKSHEET
226407387.xlsx.ms_office Summer Waychoff

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