Formulas Functions
Formulas Functions
Simple Formulas
Operators:
Example 1 - Sales by Region (Addition) + addition
Northern $ 750,000 - subtraction
Southern $ 1,250,000 * multiplication
Total Sales / division
^ exponent
Example 2 - ABC Company - Sales Receipt (Subtraction)
Price $ 108.00 $ 80.00 $ 67.00
Discount $ 43.20 $ 40.00 $ 33.50
Sale Price
Page 1
Simple Formulas
Enter the appropriate data in the gray filled cells
Mon
11:00 AM 14 11 18 11 16 9
23 25 27 21 26 18
32 36 33 29 25 34
27 28 29 25 26 24
24 23 22 24 26 27
15 16 15 14 18 22
17 19 12 19 22 14
35 29 32 27 32 28
45 39 37 39 42 24
39 36 42 37 46 28
37 29 33 34 35 24
18 22 15 13 27 31
Total
Couches Chairs
Unit Wholesale Cost $ 659 $ 550
Unit Retail Price $ 1,199 $ 799
Profit per Unit
Start Jan
Income
Salary $ 1,200 $ 1,200 $ 1,200 $ 1,200 $ 1,200
Expenses
Rent 450 450 450 450 450
Food 225 285 215 185 217
Utilities 75 75 75 75 75
Telephone 30 12 39 32 28
Transportation 50 50 50 50 50
Entertainment 25 56 48 59 62
Other 80 85 75 90 60
Exercise 8 - Profit
Selling
Cost Quantity Price Per Total Net
Item Code Item Per Item Sold Item Profit
10489BT Batteries $ 2.78 12 $ 3.85
10489CS Cases $ 14.00 20 $ 15.50
11590FN Funnels $ 1.99 11 $ 2.50
01491PA Paper $ 0.39 13 $ 0.95
O2790RL Reels $ 25.00 9 $ 26.00
07289SD Slides $ 0.68 19 $ 0.95
12390TG Tags $ 0.88 30 $ 0.95
11989TY Trays $ 39.00 29 $ 41.00
Exercise 15 - Inventory
Exercise 16 - Mileage
Mileage
Date Destination Mileage allowance Charge
1-Jan 132 Pear 25 $ 0.29
2-Jan 128 Apple 89 $ 0.29
3-Jan 189 Grape 45 $ 0.29
5-Jan 189 Grape 45 $ 0.29
7-Jan 192 Orange 15 $ 0.29
9-Jan 28 Banana 102 $ 0.29
11-Jan 192 Orange 15 $ 0.29
14-Jan 132 Pear 25 $ 0.29
15-Jan 132 Pear 25 $ 0.29
Total
Credit Credit
Customer name Limit Purchases Payments Available
Ramirez, Jordan 4100 762.98 $ 81.66
Moore, Andrew 3300 1054.35 $ 305.86
Rivera, Chloe 4900 54.49 $ 12.60
Rodriguez, Ben 3300 1423.6 $ 1,182.22
Zhou, Katie 4600 4220.89 $ 108.81
Richard, Megan 1400 1143.85 $ 441.85
Holcombe, James 1500 443.17 $ 380.86
Joshi, Lakhinder 3900 3001.89 $ 1,426.67
Lee, Taylor 4200 2500.55 $ 1,809.12
Pawan, Chantra 1000 319.36 $ 185.15
Herbert, Steven 2900 1890.16 $ 1,675.51
Whiting, Ross 3100 1019.83 $ 927.15
Bhatti, Prakash 3000 296.25 $ 197.65
Weller, Chloe 1200 46.45 $ 19.26
Wincomb, Nathan 3900 1276.96 $ 311.34
Sigismund, Amy 3700 3150.64 $ 2,192.53
Bennett, Ryan 3200 102.21 $ 65.62
Astor, Cameron 700 626.47 $ 478.08
Goodrich, Jordan 3900 2329.43 $ 2,229.79
Sales Expenses
Store No Jan Feb Mar Jan Feb Mar
ST8928 982.64 694.94 173.10 247.34 367.60 365.57
ST8929 82.60 458.10 184.63 467.38 379.85 674.14
ST8930 906.41 28.55 649.94 270.47 511.02 959.17
ST8931 212.01 325.74 291.06 752.75 960.11 421.67
ST8932 440.12 590.58 320.22 68.25 477.19 662.68
ST8933 376.59 714.02 578.87 289.61 476.71 8.50
ST8934 702.56 81.61 687.82 320.58 665.45 606.35
ST8935 165.89 420.51 996.79 680.70 345.42 609.54
ST8936 538.67 483.18 517.41 721.61 147.58 622.16
ST8937 486.00 199.55 959.27 247.80 885.68 460.68
ST8938 541.00 364.41 97.29 697.55 898.03 794.77
ST8939 691.97 19.76 274.04 604.52 171.63 760.53
ST8940 416.75 132.26 129.31 196.40 50.59 35.44
ST8941 283.94 813.88 295.61 416.93 882.35 786.26
ST8942 115.22 782.75 570.37 778.67 531.48 835.84
ST8943 967.38 846.01 843.29 151.15 698.80 94.72
ST8944 498.22 277.54 964.17 333.46 158.61 950.19
ST8945 13.27 557.39 327.17 309.16 449.97 346.59
ST8946 111.90 172.99 176.72 777.00 115.93 718.13
Total
3
7
36
32
28
17
12
19
28
21
25
14
450
224
75
25
50
50
95
Violet Inc.
$ 150,000
150,000
Quarter
Net Profit
Absolute
Page 18
Formulas - Absolute Addressing
Exercise 1 - Gadgets Limited
Contract C5017 Reseller West Coast Sales
Date Discount 20%
Jan
Number Sold 440 350 370 340 290
Gross Sales
Cost
Income
Exercise 4 - Population
Population Percent
Age Group 1980 1970 Change
Under 5 Years 16,344,407 17,162,836
5-9 Years 16,697,134 19,969,056
10-14 Years 18,240,919 20,804,063
15-19 Years 21,161,667 19,083,971
20-24 Years 21,312,557 16,382,893
25-34 Years 37,075,629 24,922,511
35-44 Years 25,631,247 23,101,173
45-54 Years 22,797,367 23,234,790
55-64 Years 21,699,756 18,601,669
65-74 Years 15,577,586 12,442,573
75-84 Years 7,726,826 6,121,627
85 Years and over 2,239,721 1,408,136
All Ages 226,504,825 203,235,298
Proposed % Increase 5%
Hours per Week 40
Gallons Amount
Customer Delivered Due
Esso 1,000
Shell 600
Chevron 1,200
Domo 900
Super Save 300
Return on
Gross Profit Investment
$ 56,273.18
$ 62,436.79
$ 70,156.81
$ 48,838.22
$ 85,355.74
$ 47,526.22
$ 48,362.84
Total Expenses
Quarter Sales Revenue (in dollars)
1st 211,824.72
228,253.19
280,217.48
221,536.11
Exercise 10 - Markup
Wholesale Retail
Item Price Price
Groovier Doll $7.54
Madelina Doll $13.19
Hello Kit-Cat Doll $5.18
Lillia Doll $21.09
Exercise 11 - Employees
# of % of
Planet Employees Total
Earth 7211
Mars 4116
Jupiter 9137
Venus 4719
Pluto 9412
Uranus 1308
Saturn 9390
Mercury 4487
Neptune 2246
Qtr 1 Qtr 2
Regions Sales Sales
North 1,464.51 2,059.79
North East 7,256.88 7,852.16
North West 1,894.52 2,489.80
South 8,180.62 8,775.90
South East 3,993.11 4,588.39
South West 8,436.59 9,031.87
East 7,839.98 8,435.26
West 8,556.09 9,151.37
Exercise 13 - Conversion
CDN to US US to CDN
Exchange rate $ 0.63240
US Canadian
Amount Equivalent
$ 882,297.34
$ 253,531.48
$ 143,947.18
$ 916,590.86
$ 50,153.78
$ 771,622.00
$ 311,030.09
$ 837,870.69
$ 939,325.25
$ 324,650.79
$ 606,769.19
SUM Function
Example 1 - Expenses
JAN FEB MAR QTR 1
Supplies $ 166.71 $ 178.89 $ 198.90
Professional services $ 378.00 $ 378.00 $ 378.00
Books/magazines $ 268.70 $ 102.97 $ 57.89
Equipment $ 2,367.15 $ 1,989.00 $ 2,098.00
Advertising/promotion $ 599.75 $ 389.98 $ 279.94
Online service charge $ 59.85 $ 25.95 $ 67.89
Electric $ 456.00 $ 452.00 $ 459.00
Office rent $ 1,800.00 $ 1,800.00 $ 1,800.00
Warehouse rent $ 3,000.00 $ 3,000.00 $ 3,000.00
Basic telephone $ 108.00 $ 108.00 $ 108.00
Long distance $ 367.73 $ 298.98 $ 489.75
Total Expenses
Page 30
SUM
Miscellaneous 50 50 50
Total Expenses
Total Savings
Page 31
SUM
Syntax:
=SUM(beg'n_range:end_range)
=SUM(value1,value2,value3,…)
=SUM(value1,value2,range:range)
Page 32
Statistical
Statistical Functions
Example 1 - Expense Statement
Syntax:
JAN FEB MAR
Supplies $ 166.71 $ 178.89 $ 198.90 =FunctionName(beg'n_range:en
Professional services $ 378.00 $ 378.00 $ 378.00
Books/magazines $ 268.70 $ 102.97 $ 57.89 =FunctionName(value1,value2,v
Equipment $ 2,367.15 $ 1,989.00 $ 2,098.00
=FunctionName(value1,range:ra
Advertising/promotion $ 599.75 $ 389.98 $ 279.94
Online service charge $ 59.85 $ 25.95 $ 67.89
Electric $ 456.00 $ 452.00 $ 459.00
Office rent $ 1,800.00 $ 1,800.00 $ 1,800.00
Warehouse rent $ 3,000.00 $ 3,000.00 $ 3,000.00
Basic telephone $ 108.00 $ 108.00 $ 108.00
Long distance telephone $ 367.73 $ 298.98 $ 489.75
Total Expenses $ 9,571.89 $ 8,723.77 $ 8,937.37
Average Expense
Median Expense
Lowest Expense
Highest Expense
Example 2 - Budget
Jan Feb Mar Qtr 1
Income:
Salaried Income $ 1,875.00 $ 1,875.00 $ 1,875.00 $ 5,625.00
Contract Income $ 560.00 $ 240.00 $ 600.00 $ 1,400.00
Total Income $ 2,435.00 $ 2,115.00 $ 2,475.00 $ 7,025.00
Expenses:
Rent $ 850.00 $ 850.00 $ 850.00 $ 2,550.00
Food $ 450.00 $ 420.00 $ 400.00 $ 1,270.00
Hydro $ 90.00 $ 90.00 $ 90.00 $ 270.00
Water $ 15.00 $ 15.00 $ 15.00 $ 45.00
Telephone Basic $ 25.00 $ 25.00 $ 25.00 $ 75.00
Long Distance Telephon $ 15.00 $ 25.00 $ 15.00 $ 55.00
Cable $ 33.00 $ 33.00 $ 33.00 $ 99.00
Home Insurance $ 40.00 $ 40.00 $ 40.00 $ 120.00
Car Insurance $ 95.00 $ 95.00 $ 95.00 $ 285.00
Car - Gas $ 100.00 $ 105.00 $ 120.00 $ 325.00
Car Payments $ 212.00 $ 212.00 $ 212.00 $ 636.00
Car Maintenance $ 50.00 $ 50.00 $ 50.00 $ 150.00
Page 33
Statistical
Page 34
Statistical
ntax:
nctionName(beg'n_range:end_range)
nctionName(value1,value2,value3)
nctionName(value1,range:range)
Page 35
Ex Statistical
Statistical Exercises
Exercise 1 - Grand University Student Enrollment
% of Total
Department # Enrolled Enrollment
Business 8,700
Communication Arts 2,267
Computer Science 3,000
Engineering 1,460
Microbiology 120
Zoology 900
Total Enrollment
Average Enrollment
Functions to
Appropriate
Compute
Median Enrollment
Statistics
Excel
Here
Use
Highest Enrollment
Lowest Enrollment
No. of Departments
Average Sales
Statistics Here
Functions to
Appropriate
Compute
Excel
Use
Page 36
Ex Statistical
Statistics Here
Functions to
Appropriate
Compute
Median Sales
Excel
Use
Highest Sale
Lowest Sale
No. of Sales
Commission
Quantity or Penalty
Region Sold (in dollars)
RG1000 40,999
RG1001 99,567
RG1002 77,848
RG1003 78,407
RG1004 66,604
RG1005 46,759
Page 37
Ex Statistical
Compared Compared
Final with with
Student name Percent Average Median
Edwards, Christopher 0.8901
Brooks, Jordan 0.5540
Richmond, Shannon 0.6675
Haw, Rachel 0.6722
Diaz, Andrew 0.6445
Zheng, Nicole 0.6577
Bell, Rebecca 0.7519
Halifax, Kirsty 0.7556
Peterson, Callum 0.9359
Reed, Ross 0.5037
Hogan, Connor 0.6944
Page 38
Ex Statistical
Examinations
Student name 1 2 3 4 5
Edwards, Christopher 0.8901 0.9319 0.6835 0.9161 0.6748
Brooks, Jordan 0.5540 0.5555 - 0.2127 0.3237
Richmond, Shannon 0.6675 0.6103 0.6061 0.6974 0.6235
Haw, Rachel 0.6722 0.7595 0.4179 0.6453 0.6684
Diaz, Andrew 0.6445 0.6718 0.6778 0.7720 0.7429
Zheng, Nicole 0.6577 0.7269 0.7823 - 0.6336
Bell, Rebecca 0.7519 0.7639 0.9796 0.6287 0.9318
Halifax, Kirsty 0.7556 0.7465 0.8482 0.9009 0.8732
Peterson, Callum 0.9359 0.9533 0.8394 0.8420 0.7650
Reed, Ross 0.5037 0.2615 0.3546 0.6888 0.5320
Hogan, Connor 0.6944 0.5888 0.7326 0.8901 0.7153
Student Name
Richmond, Hawkins, Diaz, Jose Zheng, Bell,
Completed Shannon Rachel Andrew Nicole Rebecca
Assignment 1 1 1 1 1 1
Assignment 2 1 1 1 1
Assignment 3 1 1 1 1
Assignment 4 1 1
Assignment 5 1 1 1 1 1
Assignment 6 1 1 1 1
Assignment 7 1 1 1 1
Assignment 8 1 1 1 1 1
Page 39
Ex Statistical
Assignments Marks
Page 40
Ex Statistical
Page 41
Ex Statistical
Page 42
Ex Statistical
Qtr 2 Sales
Jun %Change
1,196,109
1,559,650
4,330,163
Difference
Between
High &
6 Low
0.6794
0.5699
0.6784
0.6908
0.6091
0.6978
0.8239
0.8214
0.6908
0.3810
0.5017
Page 43
Ex Statistical
Page 44
Logical
Pass Credits
(65% or Granted (3
S y n t a x : = IF ( t e s t , t r u e , f a ls e )
Final over) or for Pass, 0
Student Name Percent Fail for Fail)
Aaronson, M. 0.771
Barnett, F. 0.823
Costello, A. 0.808 C o n d it io n a l T e s t
Dionesios, A. 0.761
Einhorn, J. 0.637
Ellenerg, L. 0.689
Falstaff, S. 0.874 If T r u e If F a ls e
Garcia, H. 0.774
Hamway, R. 0.833
Hawthorn, M. 0.586
Ianelli, J. 0.730
Jae Woo, K. 0.778 Comparions Operators
Kelly, G. 0.906
> Greater Than
< Less Than
= Equals
Page 45
Logical
se)
Page 46
Logical Functions
Exercise 1 - Student Evaluation
Tutorials
Total Percent Completed Final Percent
Richard, M 0.78 Yes
Knight, T 0.92 Yes
Baxter, M 0.67 No
Phillips, S 0.69 Yes
Owen, R 0.72 No
Exercise 4 - GST
Taxes Net Invoice
Invoice Amount Included Amount GST
$ 235.56 Yes
$ 444.78 Yes
$ 868.38 No
$ 260.60 Yes
$ 640.64 No
$ 837.38 No
$ 314.02 Yes
Total GST to Submit
Quantity
in Stock
All Purpose 5
Utility 8
Camping 6
Fishing 3
Customer Quantity
Models Price/Boat Orders To Make
All Purpose $8,942.00 7
Utility $6,515.00 4
Camping $10,516.00 6
Fishing $9,648.00 7
Commission
Month Sales Dollars
Jan $3,789.00
$5,250.00
$4,968.00
$6,278.00
$5,102.00
$4,506.00
$4,718.00
$5,720.00
$6,918.00
$7,226.00
$4,508.00
$5,562.00
Exercise 9 - Payroll
Complete gross pay using columns B & C data keeping in mind that employees
receive 2 times their hourly rate for the portion of hours worked over 40.
Employee No. Hourly Rate Hours Worked Gross Pay
632-587-374 $18.25 26.50
338-699-452 $23.84 40.50
299-254-597 $18.47 57.00
725-373-607 $9.01 45.75
237-461-899 $15.45 13.00
350-451-527 $28.70 37.00
698-808-648 $39.97 44.50
800-595-602 $9.96 22.75
105-710-758 $24.81 50.25
Purchase Property
Property No. Amount Transfer Tax
442678AB $ 390,109.24
348689AB $ 185,085.78
685373AB $ 603,791.62
258030AB $ 148,826.18
320622AB $ 233,198.06
395163AB $ 549,472.43
762573AB $ 166,060.97
Term
Annual Income Annual Income Savings RRSP Deposit
Richard, M $ 28,000 $ 5,200
Knight, T $ 36,000 $ 6,700
Baxter, M $ 12,000 $ 1,200
Phillips, S $ 42,000 $ 7,200
Owen, R $ 58,000 $ 9,500
Collins, K $ 26,500 $ 7,500
Wong, S $ 65,000 $ 12,500
Singh, T $ 100,000 $ 25,000
Minimum
Account No Balance Credit Limit Payment
61179697 2,178.49 8,100.00
70569961 1,829.59 3,500.00
88722923 995.75 700.00
68961090 858.16 1,300.00
87994332 124.52 6,200.00
13467195 5,056.39 2,900.00
82453922 889.16 3,600.00
1103291 4,576.76 5,700.00
56552660 476.69 6,700.00
24808069 3,707.37 900.00
Exercise 15 - Scholarship
Grade Allocation
less than 50% F S y n t a x : = I F (t e s t 1 , tr u e ,IF ( t e s t 2 , tr u e , I F ( te s t3 , tr u e , fa ls e ) ) )
50% to 69.9% C
70% to 79.9% B
80% and over A
C o n d it i o n a l T e s t 1
Final
Name Percent Grade
If T r u e If F a l s e
Aaronson, M. 0.771
C o n d i tio n a l T e s t 2
Barnett, F. 0.823
Costello, A. 0.808
Dionesios, A. 0.761
Einhorn, J. 0.637 If T r u e If F a l s e
Ellenerg, L. 0.689 C o n d i t io n a l T e s t 3
Falstaff, S. 0.874
Garcia, H. 0.774
Hamway, R. 0.833 If T r u e If F a l s e
Hawthorn, M. 0.586
Ianelli, J. 0.730
Jae Woo, K. 0.778
Kelly, G. 0.906
Page 61
Nested Log
Page 62
Nested Log
, tr u e , fa ls e ) ) )
al Test 3
If F a l s e
Page 63
Ex Nested Logical
Extended
Health
Employee no. Position Gross pay Premiums
892-8079 Manager 1,279.41
892-8224 Staff 1,488.07
892-1907 Manager 2,377.60
892-1700 Contract 965.30
892-1089 Staff 783.20
892-5190 Staff 1,345.60
892-8528 Contract 1,638.61
892-3672 Manager 2,851.17
892-8066 Contract 870.91
Page 64
Ex Nested Logical
108065693 0.666
105295994 0.822
104075314 0.679
Page 65
Ex Nested Logical
Page 66
Ex Nested Logical
Taxes Payable
For 1st $30,004.01
Name Taxable Income 30,004 to $60,009
Aaronson, M. 25,893.00
Barnett, F. 290,893.75
Costello, A. 42.89
Dionesios, A. 48,948.25
Einhorn, J. 38,275.15
Ellenerg, L. 65,892.05
Falstaff, S. 127,892.80
Garcia, H. 18,892.05
Hamway, R. 102,892.45
Hawthorn, M. 27,392.14
Ianelli, J. 18,722.12
Jae Woo, K. 8,923.15
Kelly, G. 80,123.25
Exercise 8 - Payroll
Pay Rates
Hours Worked Times Hourly Pay Rate
0 to 40 1.0
Over 40 to 48 Inclusive 1.5
Over 48 2.0
Page 67
Ex Nested Logical
Monthly
Account No. Monthly Income Loan Payment Loan Status
770-32469 9,620.68 2,708.62
843-44640 4,782.86 2,340.35
622-67516 4,601.53 637.43
936-15690 3,692.30 1,231.49
145-78641 4,234.95 536.61
559-52700 2,789.25 987.10
5 3 1
Approval Criteria
Page 68
Ex Nested Logical
Year-to-date CPP
Total CPP Gross pay this pay
Employee No. contributions this pay period period
632-587-374 549.35 956.00
338-699-452 947.00 1,041.50
299-254-597 844.72 660.94
725-373-607 962.00 1,261.15
237-461-899 705.92 890.73
350-451-527 179.56 598.00
698-808-648 900.50 1,953.50
800-595-602 803.52 1,289.09
105-710-758 438.32 725.70
Page 69
Ex Nested Logical
Exercise 14 - Daycare
Refer to the monthly daycare rates to determine monthly daycare cost
for each family. Subsidies of 20% of total daycare costs are available
to families with family income below $40,000.
Discount Table
Page 70
Ex Nested Logical
Commissions Structure
Cash Credit
Electronics 12.5% 10.0%
Supplies 7.5% 6.0%
Payment
Item Code Description Method Amount
330-AB94-306 Electronics Credit $914.68
294-AB49-223 Supplies Cash $87.15
213-AB54-317 Supplies Credit $167.65
752-AB97-327 Electronics Cash $929.52
404-AB70-676 Electronics Credit $1,009.79
751-AB25-784 Supplies Credit $402.32
948-AB59-721 Electronics Cash $348.71
Page 71
Ex Nested Logical
Exercise 17 - Bonus$
Bonus$ is 2.75% for highest sales.
Bonus$ is 1.5% of sales for above average sales or sales not more than 10% below average sales.
Page 72
Ex Nested Logical
Page 73
Ex Nested Logical
Page 74
Ex Nested Logical
Page 75
Ex Nested Logical
Taxes Payable
Above $60,009
Overtime at
Overtime at 1.5X 2X Gross Pay
Page 76
Ex Nested Logical
% of monthly income
% of monthly income
Page 77
Ex Nested Logical
is due today.
Pay
Page 78
Ex Nested Logical
Page 79
Ex Nested Logical
Sale Price
s accordingly.
Commissions
Page 80
Ex Nested Logical
Page 81
Payment Function Syntax: =PMT(rate,nper,pv,fv,type)
Parameters: rate = interest rate per period
nper = # of periods
pv = principal of loan
fv = amount owing at the end of the term
type = timing of payments
0 = end of period (omitted)
1 = beginning of period
Example 1 - Car Payments
Pymt # Month Start Interest
Loan $ 20,000 0 19-Oct-19
Rate 8.50%
Years 5
Payment Type monthly
Payment
of the term
Principal End
PMT Function
Exercise 1 - Car Loan Evaluation
Payment Payment
Property No. Loan Amount Type Amount
15-360-7589 334,606.38 monthly
39-690-1268 987,136.52 quarterly
22-843-6604 1,249,852.13 monthly
92-189-3646 288,375.51 monthly
25-979-4713 316,424.11 quarterly
27-553-7865 711,724.70 quarterly
62-581-8400 668,802.08 monthly
74-788-5577 725,751.25 monthly
68-661-9464 543,582.53 monthly
Annual
Client Name Loan Principal Term of Loan Income Monthly Loan Payments
Delman, Amy 122,134.47 20 67,800.12
Trout, Patricia 615,595.73 25 133,192.03
Valino, Elizabeth 425,802.15 25 112,650.04
Schuda, Jay 165,636.68 25 40,581.69
Oliver, Deby 533,590.11 25 37,907.50
Chu, Johnathon 13,721.00 5 33,169.86
Shalala, Donna 23,500.75 4 23,689.53
Leather, Courtney 369,335.86 25 125,452.10
Epstein, Lee 42,874.15 5 71,594.15
Cook, Pamela 21,978.35 3 20,564.45
Rose, Ann C. 15,725.25 3 14,912.49
Vagelos, Paul 111,774.55 25 32,075.00
Richstone, Ellen 265,788.99 15 99,106.04
Azevedo, Tricia 606,349.12 5 50,443.69
Gyorog, Mike 166,406.89 20 122,580.64
Dufallo, Basil 511,015.19 25 132,595.39
Monthly Loan
Client No. Loan Amount Loan Type Term Payments
782898A 50,765 Personal 8
22588AC 294,562 Mortgage 25
44004AC 4,996 Personal 3
379868A 49,194 Car 5
900786A 475,530 Mortgage 25
837913A 29,058 Car 4
364499A 432,806 Mortgage 25
959601A 198,245 Mortgage 25
465533A 67,247 Car 5
211033A 43,304 Personal 3
771945A 396,323 Mortgage 25
492454A 398,403 Mortgage 25
608157A 3,195 Personal 2
922672A 31,208 Car 5
Exercise 8 - Liquidity
Display "Poor" if monthly loan payments is above monthly
earnings, "Fair" otherwise.
Loan details
Annual effective interest rate 6.50%
Term (in years) 25
Monthly
Company no. Consolidated Loans Earnings Liquidity
15-360-7589 8,170,000 1,854.28
39-690-1268 23,300,000 243,178.48
22-843-6604 198,550,000 382,601.28
92-189-3646 12,410,000 453,990.62
25-979-4713 65,500,000 168,723.81
27-553-7865 50,000,000 563,328.49
62-581-8400 17,600,000 575,894.22
74-788-5577 32,600,000 38,390.79
68-661-9464 6,400,000 532,847.48
Loan Payment
Loan Amounts Variable Rate Fixed Rate
$ 200,905.31
$ 120,940.20
$ 359,368.58
$ 464,491.77
$ 379,364.26
$ 342,055.66
$ 434,289.70
$ 264,799.43
Your
Name Birthday # of Days Old # of Years Old
Queen Elizabeth II Apr 21, 1926
Colin Powell Apr 05, 1937
Vladimir Putin Oct 07, 1952
Jean Chretien Jan 11, 1934
Enter your name
FV Function Syntax: =FV(rate,nper,pmt,pv,type)
Parameters: rate = interest rate per period
nper = # of periods
pmt = payment made each period
1-Jan-12
1-Jan-42
FV Function
Exercise 1 - Buy Now Pay Later
Amount to be
Today's paid in 18
Item purchase price months
Guitar 750.00
Laptop 500.00
iPad
Furniture 3,000.00
Vacation 1,800.00
Home theater
Investment at
Annual Interest Maturity Interest Income
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
5.0%
Exercise 3 - Projected Retirement Savings
Monthly Savings at
Contribution Retirement
$100
$150
$200
$250
$300
$350
$400
$450
$500
$600
$700
$800
$900
$1,000
Exercise 4 - Future Value of Investment
Investment Specifications
Term (in years) 1
Annual effective interest (compounded annually) 5.00%
Annual effective interest (compounded semi-annual 5.30%
Annual effective interest (compounded monthly) 5.60%
Compounded
Semi-Annual or Deposits Made Investment
Client No. Monthly Each Period At Maturity
A A $1,000.00
B S $565.00
C M $3,000.00
D M $2,400.00
E S $650.00
F A $2,100.00
G S $1,880.00
H A $1,640.00
I M $925.00
J S $1,999.00
Quarterly
Family Name Member Savingsnvestment Certificate at Maturity
Gill
1 900.00
2 400.00
3 500.00
4 600.00
Leung
1 610.00
2 230.00
3 450.00
4 720.00
Parks
1 1,256.00
2 658.00
3 564.00
4 518.00
Exercise 9 - Indexing for Inflation
Consumer Price Index is forecasted to increase by an average of 2.1% annually in
the next 10 years. Factor CPI in your projection of investment growth.
Annual
Effective Future Value of
Investment No. Amount Interest Rate Investment
A 98,321.00 5.26%
B 15,183.00 5.35%
C 39,537.00 4.37%
D 14,828.00 7.15%
E 55,268.00 9.19%
F 8,936.00 6.41%
G 82,894.00 2.25%
H 27,097.00 2.98%
I 43,025.00 4.62%
J 71,039.00 4.94%
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B+
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Commission Table 1
Name Sales Amount Commissions Earned
Aaronson, M. $ 25,780.95 $ - 0.0%
Barnett, F. $ 290,893.75 $ 20,000 2.5%
Costello, A. $ 42,589.00 $ 40,000 5.0%
Dionesios, A. $ 58,948.25 $ 60,000 7.5%
Einhorn, J. $ 38,275.15 $ 80,000 10.0%
Ellenerg, L. $ 65,892.05 $ 100,000 12.0%
Falstaff, S. $ 127,892.80 $ 150,000 14.0%
Garcia, H. $ 88,892.05 $ 200,000 16.0%
Hamway, R. $ 102,892.45
Hawthorn, M. $ 77,392.14
Ianelli, J. $ 98,722.12
Jae Woo, K. $ 8,923.15
Kelly, G. $ 162,892.24
Exercise 2 - Bonuses
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Investment at Table 3
Client No. Investment Term (in years) Maturity Interest Rates on Investments
699-7856 37,054.90 4 $0.00 0.50%
250-9567 51,956.42 19 $5,000.00 0.75%
763-9939 85,164.31 2 $10,000.00 1.25%
689-1770 19,781.92 18 $20,000.00 1.75%
269-7277 99,348.78 17 $30,000.00 2.25%
252-6126 25,537.29 1 $40,000.00 2.50%
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Monthly
Loan
Client No. Peronal Loan Client Type Term (in years) Payments Table 4 - Interest Rates on Personal Lo
699-7856 13,439.85 Preferred 5 Loan
250-9567 40,478.79 Regular 5 Amount
763-9939 79,531.16 Preferred 8 $0.00
689-1770 33,847.23 Preferred 5 $10,000.00
269-7277 76,504.53 Regular 8 $25,000.00
252-6126 3,863.00 Regular 3 $50,000.00
166-8480 25,325.12 Regular 5 $75,000.00
586-4297 66,856.32 Preferred 5 $100,000.00
601-6437 108,787.97 Regular 10
329-6917 49,456.28 Regular 5
343-3266 112,971.45 Preferred 10
268-3604 5,490.34 Regular 2
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Gold Club
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- Interest Rates on
nvestments
Interest
1.25%
1.95%
2.50%
2.75%
3.50%
4.25%
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3
3
74
53
89
29
20
96
66
27
35
30
61
70
38
85
81
85
67
64
42
13
00
00
00
00
00
00
00
00
00
00
Student N
10
10
10
10
10
10
10
10
10
10
Final % 52.24% 38.53% 75.64% 91.23% 86.30% 57.77% 80.79% 76.57% 61.13%
Final Grad D F B A+ A C- A- B+ C
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3
30
53
42
64
00
00
10
10
70.99%
B-
90%
A+
Page 118
Charts Examples
Charts-Examples
CO OF TEA LTD
Month Coffee Tea
Jan $ 44,200 $ 5,379
Feb $ 43,830 $ 4,976
Mar $ 50,180 $ 5,264
Apr $ 36,100 $ 4,806
May $ 50,730 $ 4,952
Jun $ 44,530 $ 4,076
KOOKIE'S INC
Product 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
Chocolate Chip 1,136,840.84 459,804.06 1,264,004.43 1,815,813.92
Peanut Butter 2,226,531.22 2,291,476.65 120,487.97 1,340,624.50
Chocolate Morsels 1,801,527.42 829,128.12 895,613.88 1,352,232.76
Pecan 806,225.91 972,936.68 739,414.19 2,315,034.09
Pralines 1,478,157.55 413,634.81 1,935,828.97 2,304,661.02
Shortbread 2,104,163.96 522,575.05 937,901.56 1,959,569.44
9,553,446.90 5,489,555.37 5,893,251.00 11,087,935.73
Kookie's Inc.
2,500,000
Sales
1,500,000
Chocolate Morsels Pecan
1,000,000
-
2,500,000
Charts Examples
Sales
2,000,000 Chocolate Chip Peanut Butter
1,500,000
Chocolate Morsels Pecan
1,000,000
Pralines Shortbread
500,000
-
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
1999 Quarters
Page 120
Charts Examples
Total
4,676,463.25
5,979,120.34
4,878,502.18
4,833,610.87
6,132,282.35
5,524,210.01
32,024,189.00
Pralines Shortbread
Page 122
Pie Chart
Exercise 1 - Ace Artifacts
Reseller Total
Baldwin Museum of Science $ 6,668.00
Kimball Museum of Science $ 5,388.00
Peck n Order Toys $ 3,852.00 Baldw
Scienc
Main Street Market $ 1,004.00
West Coast Sales $ 790.00 Kimba
Scienc
Enchantment Lakes Corporation $ 413.00
Total $ 18,115.00 Peck n
Main S
West C
Encha
Corpo
Kimball Museum of
Science
Enchantment Lakes
Corporation
Area & Line Charts
Exercise 1 - Ace Artifacts Annual Sales (Area Chart)
1990 1992
Sales $ 201,900.01 $ 248,500.00
1998
834,038
649,761
684,298
997,102
Bar & Column Charts
Exercise 1 - 3D Column Data
Reseller Canada USA
Adventure Works 765,905.60 915,034.58
Lakes & Sons 878,776.20 672,373.29
Hiabuv Toys 589,397.23 681,558.16
Wingtip Toys 794,023.35 514,601.74