Add Subtract Multiply Divide

6 6 6 6

3 3 3 3

9 3 18 2
 Parenthesis ()
Exponent ^
Multiplication *
Division /
Addition +
Subtraction -

Operator Order in Excel

30 =(3+3)*5 Parentheses first, then left to right
=6*5
=30

5 =(3+(4/2)) Inside parenthesis first, then work left to right

=(3+2) first calculate 4/2 = 2
=5

18 =30/5*3 Multiplication and Division (work left to right)

=6*3 first calculate 30/5 = 6
=18

2 =30/(5*3) Multiplication and Division (parenthesis first, then work left to right)
=30/15 first calculate 5*3 = 15
=2 * this is the same formula as above, however the parenthesis force us to calculate 5*3 firs

2 =5+3-6 Addition and Subtraction (work left to right)

=8-6
=2
ce us to calculate 5*3 first
Add numbers Add numbers in Add cells and
cells numbers

6 6
4 3
 Name Week 1 Week 2

Bob $ 7,894 $ 6,942 $ 7,418

Rishna $ 4,897 $ 9,375 $ 7,136

Sue $ 7,835 $ 2,845 $ 5,340
Mo $ 9,584 $ 6,458 $ 8,021
Total $ 30,210 $ 25,620
 Budget and Paper Supplies
Paper Supply Orders
Item Quantity Price Per Unit
Plastic Silverware (box of 100) 15 $8.75
Napkins (box of 250) 18 $2.59
Plates (box of 50) 9 $14.25
Plastic Cups (box of 75) 12 $11.99
Total

June Budget
July Budget
Total Budget

Budget Total
Inventory Cost
Total Remaining
per Supplies

Line Total
$131.25
$46.62
$128.25
$143.88

$1,200.00
$1,500.00
$2,700.00

$4,000.00
$450.00
 Catering Invoice
MENU ITEM UNIT PRICE QUANTITY
Tamales: Carnitas $2.29 20
Tamales: Vegetable $2.29 30
Empanadas: Nutella & Banana $3.99 40
Tax
Total
ering Invoice
LINE TOTAL
$45.80
$68.70
$159.60
$19.19

$293.29
 Menu Order

MENU ITEM UNIT PRICE QUANTITY LINE TOTAL

Empanadas: Beef Picadillo $2.99 15

Empanadas: Chipotle Shrimp $3.99 10

Tamales: Chicken Tinga $2.29 20

Tamales: Vegetable $2.29 30

Arepas: Carnitas $2.89 10

Arepas: Queso Blanco $2.49 20

Empanadas: Apple Cinnamon $3.19 40 $127.60

Beverages: Horchata $1.89 25 $47.25

Beverages: Lemonade $1.89 35 $66.15

Beverages: Tamarindo $1.89 10 $18.90

TOTAL $259.90
 Menu Order
TAX RATE:
MENU ITEM UNIT PRICE QUANTITY Sales Tax

Empanadas: Beef Picadillo $2.99 15 $3.36

Empanadas: Chipotle Shrimp $3.99 10 $2.99

Tamales: Chicken Tinga $2.29 20 $3.44

Tamales: Vegetable $2.29 30 $5.15

Arepas: Carnitas $2.89 10 $2.17

Arepas: Queso Blanco $2.49 20 $3.74

Empanadas: Apple Cinnamon $3.19 40 $9.57

Beverages: Horchata $1.89 25 $3.54

Beverages: Lemonade $1.89 35 $4.96

Beverages: Tamarindo $1.89 10 $1.42

TOTAL
 7.5%
LINE TOTAL

$44.85

$39.90

$45.80
$68.70

$28.90
$49.80

$127.60

$47.25
$66.15

$18.90

$0.00
 Catering Invoice

MENU ITEM DESCRIPTION LINE TOTAL

Menu Order Food & beverage $537.85
Paper Goods Plates, utensils, cups $110.87
Rental Equipment Tables, chairs, linens $249.95
Service Fee 18% of food & beverage $96.81
TOTAL $995.48
Assignment Grade

Paper 1 58

Paper 2 70
Use Goal Seek to determine
what grade you would need on
Quiz 72 the Final Exam to earn a
specific Final Grade.
Lab 60

Final Exam 90

Final Grade 70
 Assignment Grade
Test 1 88

Paper 1 93
Use Goal Seek to determine
Test 2 83 what grade you would need
on Test 3 to earn a Final Grade
Paper 2 86 90.
Test 3 100

Final Grade 90
Reservation fee $230.00

Price per person $14.50

Number of guests 18

Budget $491.00

Set cell:

To value:

By changing
cell:

RESULT
PARTY BUDGET
You're planning an event and want to invite as many people as you can without exceeding a budget of $500.
We can use Goal Seek to figure out how many people to invite.

Cell B8 contains the formula =B5+(B6*B7) to calculate the total cost of a room reservation, plus the cost per person.

In cell B7, determine how many people you can invite with a budget $500.

INSTRUCTIONS

Click in cell B8

From the Data tab, click the What-If Analysis command, then select Goal Seek from the drop-down menu.

In the Goal Seek dialog box, enter the values:

This is the cell that will contain the desired result. In our example, cell B8.

This is the desired result. In our example, we'll enter 500 because our total budget is $500.

This is the cell where Goal Seek will enter its answer. In our example, we'll select cell B7 because we want to
know how many guests we can invite without spending more than $500.

What number format and how many decimal places should be used for the result in B7?
he cost per person.
Loan Amount $ 100,000

Term in Months 180

Interest Rate 0.0702095459

Payment ($900.00)
Set cell:

To value:

By changing
cell:

TIP

Answer:
 CHALLENGE
Use Goal Seek to determine the interest rate for a known payment.
On the Data tab, in the Data Tools group click What-If Analysis, and then click Goal Seek.

INSTRUCTIONS
click in cell B4 and open Goal Seek (do not change the data in B4, let Goal Seek do the work
for you)
payment amount is - $900.
The number is negative because it's a payment. This is the result you want the formula to
return.
enter B3, the reference to the cell that contains the value that you want to adjust.
Remember the cell you enter here must be referenced by the formula you specify in the Set
cell box.
What number format should be used for the result in B3?

Repeat using payment - $1000

$900 payment, 7% insterest rate

$1000 payment, 9% insterest rate