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COMP 100 Excel Functions

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... a new car loan, taking an equity loan out on your home, or perhaps about to buy a new home? ... be divided by the number of payments to be made in a year. ... – PowerPoint PPT presentation

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Title: COMP 100 Excel Functions


1
COMP 100 (Excel Functions)
  • Computer Applications
  • By Gustavo Alatta

2
Functions
  • A function in Excel is a procedure which makes
    its value depend systematically on other values
  • What does this mean?
  • The value a function returns depends on the
    mathematical operation and the values stored in
    referenced cells

3
Function Attributes
  • Every function has two significant attributes.
  • Name The name can be a mathematical symbol,
    such as , , -, etc
  • Or it can be a word, such as SQRT, LEN, and POWER
  • Arguments The values that the function operates
    on.
  • Arguments can be text, dates, times, or numbers,
    depending on the function

4
Arguments
  • An argument for a function can be a constant,
    such as 3, Sam, 1205, or a variable or
    reference such as C12 or B25
  • Examples
  • X y, x y, x y, SQRT(x, y), POWER(x,y)
  • In each case x and y mark the position of the
    arguments
  • When supplying arguments for a function, Order
    Matters!
  • 2 / 3 ? 3 / 2
  • POWER(2,3) ? POWER(3,2)

5
Entering a Formula
  • There are two main ways to enter a formula for a
    cell
  • Formula Editor Button
  • Useful if you are uncertain as to what formula
    you are going to use or what arguments it
    requires
  • Enter formula by hand
  • functionName(argumentList) where argumentList is
    a list of arguments seperated by commas
  • More convenient if you know the formula and
    arguments you are going to use

6
Literal Arguments
  • Number literals type them as you normally
    would, with a dash - preceding all negative
    arguments
  • Text literals Tom, Jack, Harry, (a
    space), (the null string)
  • Date literals Type the date as you normally
    would
  • 3/5/02, February 4, 1992, Feb 12, 1964, etc
  • Boolean literals true, false (displayed as
    TRUE, FALSE)

7
Popular functions
  • SUM
  • AVERAGE
  • IF
  • HYPERLINK
  • COUNT
  • MAX
  • PMT
  • STDEV
  • TODAY
  • LOOKUP
  • TRIM
  • UPPER
  • LOWER

8
Popular Functions cont
  • SUM(Number1, number2) Add all the numbers in
    a range of cells.
  • AVERAGE(number1, number,) Returns the average
    (the arithmetic mean) of its arguments, which can
    be numbers or names, arrays, or references that
    contain numbers.
  • IF (Logical_test, value_if_true,
    value_if_falseReturns one value if a condition
    you specified evaluates to TRUE and another value
    if evaluates to FALSE.

9
Popular Functions (Cont..)
  • HYPERLINK(Link Location. Friendly name) .
    Create a shortcut or Jump that open a document
    stored on your hard drive, a network server, or
    on the internet.
  • COUNT(value1, value2.) Count the number of
    cell that contains numbers and numbers within the
    list of arguments.
  • MAX(number1, number2.) Return the largest
    values in a set of values, ignore logical values
    and text.






10
Popular Functions (Cont..)
  • PMT(rate, nper, pv, fv, type) .Are you
    considering a new car loan, taking an equity loan
    out on your home, or perhaps about to buy a new
    home? Find out what the payment amount will be
    using Excel's PMT Function.The payment function
    is used to calculate the monthly payment amount
    on a loan based on level payments and a fixed
    interest rate. The payment function takes five
    arguments explained below Rate is the annual
    interest rate as charged by the lender. It should
    be divided by the number of payments to be made
    in a year. For example suppose a 5 rate for a
    loan of 5,000 and the loan terms are 3 years
    paid monthly. The formula would be
    PMT(.05/12,36,5000). The rate must be divided by
    the number of payments in a year to convert it to
    a monthly interest rate.

11
Popular Functions (Cont..)
  • nper is the total number of payments to be
    made on the loan. A 3 year loans with monthly
    payments would result in a nper of 36. PV is
    the present value of the loan (i.e., the
    principle of the loan). It represents the value
    today of a future stream of payments. If you want
    the payment amount to be returned as a positive
    value, you would enter the PV as a negative.
    FV represents the residual balance at the end of
    a payment stream. It is an optional argument that
    is set to zero by default. Type indicates
    when the payment is due. A type of Zero or
    omitted calculates the payment as due at the end
    of the period. A type of 1 calculates the payment
    as due at the beginning of the period.The
    proper syntax is PMT(rate, nper, pv, fv, type)

12
Popular Functions (Cont..)
  • STDEV(number1, number2,) . Estimates Standard
    deviation based on a sample.
  • TODAY( ). Returns a number that represent
    todays date (in excel format a date is a
    number).
  • Lookup(.) See the sample in next page.

13
Popular Functions (Cont..)
  • LOOKUP sample

14
Popular Functions (Cont..)
  • TRIM(TEXT) remove all spaces from a text string
    ..except for the spaces between words.
  • UPPER(TEXT) convert text string in Uppercase.
  • LOWER(TEXT) convert text string in Lowercase.

15
Sorting in Excel
  • In order to sort Data in Excel we have to select
    the Data that we want to Sort (Highlight with the
    Mouse).

16
Sorting in Excel.(cont)
  • Then in the Excel Main menu bar select Data Then
    Choose Sort

17
Sorting in Excel(cont)
  • Then when the Sort windows open Select Sort by
    (choose the column that you want to sort) then
    the the order that you are looking for. Finally
    check if you want to sort the header too.

18
Sorting in Excel(cont)
  • Finally. See the result

19
QUESTIONS ?????
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