4. • Rasmussen College (www.rasmussen.edu)
– Regionally accredited private college with 24
campuses and online.
• Foundation and Business Instructor, both
residentially and online.
• Degrees in Applied Math and Finance.
Background
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5. 1. Learn the Tips You Can Use This Afternoon.
2. Explore Excel’s Power to Make Your Life Easier.
3. Experiment with Add-in Tools.
Goals Today
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8. • Cut, Copy, Paste?
• Undo your last action? Undo the undo?
• Move to Cell A1? No clicking allowed!
• Move to last cell in the range?
• Toggle between displaying cell values and
formulas?
• Quickly glance at which cells a formula uses?
• Quickly enter today’s date?
Do You Know How To…
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9. The Key is… the Shortcut Keys!
Keys Action
Ctrl+Z Undo
Ctrl+Home Move to Cell A1
Ctrl+End Move to Last Cell in Range
Alt+Enter * Start a New Line in the Same Cell
Ctrl+; (Semicolon) Enter Date
Ctrl+` (Backtick) Alternate between Formula view
and Cell View
F2 * Glance at the Cells
* Bonus Tips!
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10. Now On To (More) Serious
Business
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13. • RATE (returns interest rate)
=RATE(nper, pmt, pv, fv, type, guess)
• NPER (returns number of periods)
=NPER(rate, pmt, pv, fv, type)
• PV and FV (present and future values)
=PV(rate, nper, pmt, fv, type)
Other Functions
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14. • Loan Amount
• Interest Rate
• Payment Periods
• Periodic Payment Amount
Loan Payments
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15. • You are buying a car for $30,000, paying over
4 years with an interest of 3.99%. How much
would be your monthly payment?
• How much of the payment goes to principal
and interest?
Loan Example
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19. • For fixed-rate interests, use FV.
=FV(rate, nper, pmt, pv, type)
• For continuous compounding interests, use
EXP (exponential).
=EXP(rate)
Interest Calculations with FV and EXP
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22. • Depreciation functions take the following
arguments:
– cost, salvage, life, period,
start_period, end_period
Depreciation Calculations
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23. • SLN
– For single-line depreciation.
– cost, salvage, life
• DB
– Declining balance. Computed at a fixed rate.
– cost, salvage, life, period
• DDB
– Double-declining balance. Computed at an
accelerated rate.
– cost, salvage, life, period
Depreciation Functions
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24. • SYD
– Returns Sum of Years’ Digits depreciation.
– cost, salvage, life, period
• VDB
– Variable declining balance.
– cost, salvage, life,
start_period, end_period
Depreciation Functions
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27. • ASAP Utilities
www.asap-utilities.com
• Power Utility Pack (PUP)
www.spreadsheetpage.com
• Office Tab
www.extendoffice.com
My Favorites
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28. One More Thing… (no, no iPod)
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29. • Mr. Excel Message Board
www.mrexcel.com/forum
• OzGrid
www.ozgrid.com
• Jon Peltier (for Charting)
www.peltiertech.com
• Google and YouTube
www.google.com, www.youtube.com
Web Resources
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