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Functions: Aniko Balogh CEU Computer & Statistics Center

This document discusses functions in Excel. It explains that functions are predefined formulas that perform calculations and common functions include SUM, AVERAGE, COUNT, MAX, and MIN. It provides instructions for entering functions using the Formula Wizard or Ribbon panels. Examples are given for using the AVERAGE, MAX, MIN, and PMT functions to calculate averages, maximums, minimums, and loan payments. Sources for additional Excel tutorials are also listed.

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56 views10 pages

Functions: Aniko Balogh CEU Computer & Statistics Center

This document discusses functions in Excel. It explains that functions are predefined formulas that perform calculations and common functions include SUM, AVERAGE, COUNT, MAX, and MIN. It provides instructions for entering functions using the Formula Wizard or Ribbon panels. Examples are given for using the AVERAGE, MAX, MIN, and PMT functions to calculate averages, maximums, minimums, and loan payments. Sources for additional Excel tutorials are also listed.

Uploaded by

samcool87
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Day 4: Functions

Aniko Balogh
CEU Computer & Statistics Center
[email protected]
Conditional Formatting
• Colour Scales - More Rules
• Clear Rules – From entire sheet
• Format only cells that contain…
–Less than 50
–Format button.
–Fill tab and choose a colour.
Functions
• A formula is an expression which calculates the
value of a cell. 
• Functions are predefined formulas and are
already available in Excel.
• Most often used functions:
– SUM
– AVERAGE
– COUNT
– MAX, MIN
Entering a Function 1.
• Next to the formula
bar, you'll see an FX
button. This is the
Formula Wizard:
• When you click the
FX button, you'll see
the Insert
Function dialogue
box appear:
Entering a Function 2.
• The second way to enter a Function in Excel is through the
panels on the Ribbon.
• Click inside cell B9 on your spreadsheet. This is where
we'll place the Average for the cells A1 to A8.
• Click the Formulas menu at the top of Excel
• Locate the Function Library panel.
• As you can see, in Excel functions are split into categories.
The Average function is in a few places. The easiest way to
use Average is with AutoSum. Click the down arrow on
AutoSum to see the following:
AVERAGE
When you click the
FX button, you'll see
the Insert
Function dialogue
box appear:
MAX, MIN
• Returns the maximum and minimum number
from an array/table
Calculate percentage
• Open Practice 3.xlsx
– Percentage: =B2/C2
– Percent change: =(I2-H2)/I2
– Format cell – Percentage
• Replace a formula vith its value
– Copy
– Paste Values
The PMT financial function
• Monthly payment amounts on a loan, or how much
per month a mortgage will cost you
• The interest rate given to us by the bank is 8% per year.
For the PMT( ) function, we need to divide this figure
by 12 (the number of months in a year): = 8%/12
• Number of payments for five years: = 12 * 5
• Present value: =B1
• Monthly Payment: PMT
• Total Paid Back: =D4*B4
Sources
• Free Computer Tutorials:
http://www.homeandlearn.co.uk/excel2007/E
xcel2007.html
• Microsoft Official Page:
https://support.office.com/
• Excel Easy#1 Excel tutorial on the net
• http://www.excel-easy.com/basics.html

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