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Excel 2007 Working With Formulas and Functions

This document provides an overview of working with formulas and functions in Excel 2007. It covers topics such as: - Copying formulas using relative, absolute, and mixed cell references - Using the Insert Function dialog box and typing functions directly in cells - Applying AutoFill to copy formulas over a range and create series - Using logical functions like IF and date functions like TODAY - Calculating loan payments with financial functions like PMT The document provides examples and step-by-step instructions for common formula and function tasks in Excel.

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alfredridao
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© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
260 views

Excel 2007 Working With Formulas and Functions

This document provides an overview of working with formulas and functions in Excel 2007. It covers topics such as: - Copying formulas using relative, absolute, and mixed cell references - Using the Insert Function dialog box and typing functions directly in cells - Applying AutoFill to copy formulas over a range and create series - Using logical functions like IF and date functions like TODAY - Calculating loan payments with financial functions like PMT The document provides examples and step-by-step instructions for common formula and function tasks in Excel.

Uploaded by

alfredridao
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Excel 2007

Working with
Formulas and
Functions

FIRST COURSE
Objectives XP

• Copy formulas
• Build formulas containing relative, absolute, and
mixed references
• Review function syntax
• Insert a function with the Insert Function dialog
box
• Search for a function
• Type a function directly in a cell

New Perspectives on Microsoft Office 2007: Windows XP Edition 2


Objectives XP

• Use AutoFill to fill in a formula and complete a


series
• Enter the IF logical function
• Insert the date with the TODAY function
• Calculate monthly mortgage payments with the
PMT financial function

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Using Relative References XP

New Perspectives on Microsoft Office 2007: Windows XP Edition 4


Using Absolute References XP

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Using Mixed References XP

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Entering Relative, Absolute, and Mixed XP
References
•
•
To enter a relative reference, type the cell reference as it appears in the worksheet. For example, enter B2 for cell B2
To enter an absolute reference, type $ (a dollar sign) before both the row and column references. For example, enter $B$2
• To enter a mixed reference, type $ before either the row or column reference. For example, enter $B2 or B$2
• Or

New Perspectives on Microsoft Office 2007: Windows XP Edition 7


Understanding Function Syntax XP

• Every function has to follow a set of rules, or


syntax, which specifies how the function should
be written
– Arguments

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Understanding Function Syntax XP

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Inserting a Function XP

• Click the Formulas tab on the Ribbon


• To insert a function from a specific category, click the
appropriate category button in the Function Library
group. To search for a function, click the Insert
Function button in the Function Library group, enter a
description of the function, and then click the Go
button
• Select the appropriate function from the list of
functions
• Enter the argument values in the Function Arguments
dialog box, and then click the OK button

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Inserting a Function XP

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Typing a Function XP

• As you begin to type a function name within a


formula, a list of functions that begin with the
letters you typed appears

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Working with AutoFill XP

• AutoFill copies content and formats from a cell


or range into an adjacent cell or range
• Select the cell or range that contains the formula
or formulas you want to copy
• Drag the fill handle in the direction you want to
copy the formula(s) and then release the mouse
button
• To copy only the formats or only the formulas,
click the AutoFill Options button and select the
appropriate option

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Working with AutoFill XP

or
• Select the cell or range that contains the formula or formulas you
want to copy
• In the Editing group on the Home tab, click the Fill button
• Select the appropriate fill direction and fill type (or click Series,
enter the desired fill series options, and then click the OK button)

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Using the AutoFill Options Button XP

• By default, AutoFill copies both the formulas and


the formats of the original range to the selected
range
• You can specify what is copied by using the
AutoFill Options button that appears after you
release the mouse button

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Filling a Series XP

• AutoFill can also be used to create a series of


numbers, dates, or text based on a pattern

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Filling a Series XP

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Creating a Series with AutoFill XP

• Enter the first few values of the series into a range


• Select the range, and then drag the fill handle of the
selected range over the cells you want to fill
or
• Enter the first few values of the series into a range
• Select the entire range into which you want to extend
the series
• In the Editing group on the Home tab, click the Fill
button, and then click Down, Right, Up, Left, Series, or
Justify to set the direction you want to extend the series

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Working with Logical Functions XP

• A logical function is a function that works with


values that are either true or false
• The IF function is a logical function that returns
one value if the statement is true and returns a
different value if the statement is false
• IF(logical_test, value_if_true, [value_if_false])

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Working with Logical Functions XP

• A comparison operator is a symbol that indicates


the relationship between two values

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Working with Logical Functions XP

• =IF(A1="YES", "DONE", "RESTART")


• =IF(A1="MAXIMUM", MAX(B1:B10),
MIN(B1:B10))
• =IF(D33>0, $K$10, 0)

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Working with Date Functions XP

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Working with Financial Functions XP

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Using the PMT Function to XP
Determine a Monthly Loan Payment
• For loan or investment calculations, you need to
know the following information:
– The annual interest rate
– The payment period, or how often payments are due
and interest is compounded
– The length of the loan in terms of the number of
payment periods
– The amount being borrowed or invested
• PMT(rate, nper, pv, [fv=0] [type=0])

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Using the PMT Function to Determine XP
a Monthly Loan Payment

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