Post on 25-May-2015
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Welcome to Lunch & LearnRasmussen College
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Going with the (Cash) Flow with Microsoft ExcelKeitaro Matsuoka
• Eat• Background• Goals• Dilemma…• Quick Tips• Financial Applications• Add-ins• Q&A (File Location)
Agenda
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• 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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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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6
Dilemma
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Let’s Get Started!
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• 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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The Key is… the Shortcut Keys!
Keys ActionCtrl+Z Undo
Ctrl+Home Move to Cell A1Ctrl+End Move to Last Cell in Range
Alt+Enter * Start a New Line in the Same CellCtrl+; (Semicolon) Enter DateCtrl+` (Backtick) Alternate between Formula view
and Cell View
F2 * Glance at the Cells
* Bonus Tips!
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Now On To (More) Serious Business
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• Loan Payments• Amortization Schedule• Investments• Depreciation
Financial Applications
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• PMT (payment)=PMT(rate, nper, pv, fv, type)
• PPMT (payment on principal)=PPMT(rate, per, nper, pv, fv, type)
• IPMT (payment on interest)=IPMT(rate, per, nper, pv, fv, type)
Payment Functions
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• 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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• Loan Amount• Interest Rate• Payment Periods• Periodic Payment Amount
Loan Payments
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• 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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$677.24 a month!
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• Loan Payments in More Detail.
Loan Amortization Schedule
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Cumulative Amounts Displayed
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• 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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Monthly Compounding Example
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Continuous Compounding Example
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• Depreciation functions take the following arguments:– cost, salvage, life, period, start_period, end_period
Depreciation Calculations
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• 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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• 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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Depreciation
0 1 2 3 4 5 6 7 8 9 10$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
$10,000
Depreciation Calculation
SLN
DB
DDB
SYD
Year
Asse
t Val
ue
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Add-in Tools
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• ASAP Utilitieswww.asap-utilities.com
• Power Utility Pack (PUP)www.spreadsheetpage.com
• Office Tabwww.extendoffice.com
My Favorites
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One More Thing… (no, no iPod)
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• Mr. Excel Message Boardwww.mrexcel.com/forum
• OzGridwww.ozgrid.com
• Jon Peltier (for Charting)www.peltiertech.com
• Google and YouTubewww.google.com, www.youtube.com
Web Resources
Keitaro.Matsuoka@Rasmussen.edu or (815) 306-2657
www.linkedin.com/in/keitaro
Questions?
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Files will be in bit.ly/RasmussenMath.