Module 1.1 - Ms Excel 2010 Training

8/19/2019 Module 1.1 - Ms Excel 2010 Training

http://slidepdf.com/reader/full/module-11-ms-excel-2010-training 1/94

Bl i tz I .T. So lu t ion

MS Excel 2010Training

R e g i n a r d C . F a j a n o y , M I TBS Computer Science | Programming NCIV | Visual Graphics NCIII

Cel#: 0925 00 !9!9 | "mail: rca$ano%&gmail'com

google'com()*eginar+Castillano,a$ano%-pec

Module 1.1Module 1.1- Advance

Function

cont.

mailto:[email protected]

https://www.google.com/+ReginardCastillanoFajanoyOpec



mailto:[email protected]



ateDif

To get the number of days, weeks oryears between two dates, use

the DATEDIF function. The DATEDIFfunction has three arguments.



ateDif

Step ! Fi"" in #d# for the third argument to get the number of days

between two dates.

$ote! %A&'A produces the e(act same resu"t)



ateDif

Step &! Fi"" in #m# for the third argument to get the number of monthsbetween two dates.

Step *! Fi"" in #y# for the third argument to get the number of yearsbetween two dates.



ateDif

Step +! Fi"" in #yd# for the third argument to ignore years and get thenumber of days between two dates.

Step ! Fi"" in #md# for the third argument to ignore months and get thenumber of days between two dates.



ateDif

Step -! Fi"" in ym# for the third argument to ignore years and get thenumber of months between two dates.

Important note! the DATEDIF function returns the number

of comp"ete days, months or years. This may gi/e une(pectedresu"ts when the day0month number of the second date is "owerthan the day0month number of the 1rst date. See the e(amp"ene(t page.



ateDif

The di2erence is 3 years. A"most 4 years) 5se the fo""owingformu"a to return 4 years.



ee!da"#

6earn how to get the day of theweek of a date in E(ce" and howto get the numberof weekdays0working daysbetween two dates.



ee!da"#

ee!da" Function

. The 7EE8DA9 function in E(ce" returns a number from :Sunday; to <:Saturday; representing the day of the week of a date. Apparent"y,+0&0&4 fa""s on a Sunday.

&. 9ou can a"so use the TE=T function to disp"ay the day of theweek.



ee!da"#

*. >reate a custom date format :dddd; to disp"ay the day of the week.

$et%or!da"# Function. The $ET7?@8DA9S function returns the number of weekdays:weekends e(c"uded; between two dates.



et%or!da"#

. The $ET7?@8DA9S function returns the number of weekdays:weekends e(c"uded; between two dates.



et%or!da"#

&. If you supp"y a "ist of ho"idays, the $ET7?@8DA9S function returns thenumber of workdays :weekends and ho"idays e(c"uded; between two

dates.

The ca"endar be"ow he"ps you understand the $ET7?@8DA9Sfunction.



et%or!da"#

*. Dates are stored as numbers in E(ce" and count the number of dayssince anuary 4, 344. Instead of supp"ying a "ist, supp"y an array

constant of the numbers that represent these dates. To achie/e this,se"ect E!E& in the formu"a and press F3.



or!da"

The 7?@8DA9 function is :a"most; the opposite of the $ET7?@8DA9Sfunction. It returns the date before or after a speci1ed number ofweekdays :weekends e(c"uded;.

$ote! the 7?@8DA9 function returns the seria" number of thedate.



DATE

Bet the same date in future or past months.

$ote! resu"t is a seria" number. 5se Date number format todisp"ay a date.

5se EDATE to get the same date in future or past months.For &ont'#, use a positi/e /a"ue for future dates and a negati/e

/a"ue for dates in the past.



"# until Birt'da"

To ca"cu"ate the number of days unti" your birthday in E(ce", e(ecute thefo""owing steps.. Se"ect a ce"" and enter your date of birth.

&. Se"ect the ce"" ne(t to it and enter the T?DA9 function to return todayCsdate.

*. The most dicu"t part in order to get the number of days unti" yourbirthday is to 1nd your ne(t birthday. The formu"a be"ow does the trick.

E(p"anation! The DATE function accepts three arguments! year, month andday. 7e used the DATEDIF function to 1nd the number of comp"ete years:#y#; between Date of irth and Today. DATEDIF:A&,&,#y#; eua"s &<. If &<comp"ete years ha/e passed since your date of birth :in other words, you

ha/e a"ready ce"ebrated your &<th

birthday;, your ne(t birthday wi"" be &< G % &H years after your date of birth.

http://c/Users/Tazmicspide/Desktop/Blitz%20Solution/Excel%20Tutorial/excel/excel/www.excel-easy.com/examples/datedif.html

http://c/Users/Tazmicspide/Desktop/Blitz%20Solution/Excel%20Tutorial/excel/excel/www.excel-easy.com/examples/datedif.html



"# until Birt'da"

+. $e(t, we use the DATEDIF function to 1nd the number of days :#d#;

between Today and $e(t irthday.



i&e S'eet

This e(amp"e teaches you how to create a simp"e timesheet ca"cu"atorin E(ce". >e""s that contain formu"as are co"ored "ight green.

. To automatica""y ca"cu"ate the ne(t + days and dates when you enter astart date, use the formu"as be"ow.



i&e S'eet

. Se"ect the ce""s containing the times.

i '



i&e S'eet

*. @ight c"ick, c"ick Format >e""s, and se"ect the right Time format. 5se thecirc"ed format for ce"" 8&, 8*, 8+.

i S'



i&e S'eet

+. To automatica""y ca"cu"ate the hours worked each day, the tota" hours andthe o/ertime hours, use the formu"as be"ow.

i S'



i&e S'eet

(a#t Da" of t'e Mont' To get the date of the "ast day of the month in E(ce", use the E??$TJ :Endof onth; function.. For e(amp"e, get the date of the "ast day of the current month.

$ote! the E??$TJ function

returns the seria" number ofthe date.

&. For e(amp"e, get the date of the "ast day of the ne(t month.

i S' t



i&e S'eet

*. For e(amp"e, get the date of the "ast day of the current month ' Hmonths % + ' H % '+ % August :'+G&%H;, &4+)

'



'oo#e

the >J??SE function returns a /a"ue from a "ist of /a"ues, based on a

position number. For e(amp"e, %>J??SE:*,#>ar#,#Train#,#oat#,#K"ane#;returns oat.

t

http://c/Users/Tazmicspide/Desktop/Blitz%20Solution/Excel%20Tutorial/excel/excel/www.excel-easy.com/functions/lookup-reference-functions.html

http://c/Users/Tazmicspide/Desktop/Blitz%20Solution/Excel%20Tutorial/excel/excel/www.excel-easy.com/functions/lookup-reference-functions.html



uarter

An easy formu"a that returns the uarter for a gi/en date. ThereCs no bui"t'infunction in E(ce" that can do this.

. Enter the formu"a shown be"ow.

E(p"anation! @?5$D5K:(,4; a"ways rounds ( up to

the nearest integer. The ?$TJ function returns themonth number of a date. In this e(amp"e, theformu"a reduces to %@?5$D5K:0*,4;,%@?5$D5K:.-----<,4;, &. ay is in Luarter &.

t



uarter

6etCs see if this formu"a works for a"" months.

E(p"anation! now itCs

not dicu"t to seethat the 1rst three/a"ues :months; inco"umn arerounded up to :Luarter ;, the ne(t

three /a"ues:months; in co"umn are rounded up to& :Luarter &;, etc.

f t' +



" of t'e +ear

An easy formu"a that returns the day of the year for a gi/en date. ThereCs nobui"t'in function in E(ce" that can do this.

. Enter the formu"a shown be"ow.

t F ti



xt Function

E(ce" has manyfunctions to o2er

when it comes tomanipu"ating te(tstrings.

t F nction



xt Function

,oin String# To Moin strings, use the N operator.

$ote! to insert a space, use # #

xt Function



xt Function

(eft To e(tract the "eftmost characters from a string, use the 6EFT function.

-ig't To e(tract the rightmost characters from a string, use the @IBJT function.

xt Function



xt Function

Mid To e(tract a substring, starting in the midd"e of a string, use the IDfunction.

$ote! started atposition :p; with"ength *.

(en To get the "ength of a string, use the 6E$ function.

$ote! space :position H; inc"uded)

xt Function



xt Function

Find To 1nd the position of a substring in a string, use the FI$D function.

Su#titute To rep"ace e(isting te(t with new te(t in a string, use the S5STIT5TEfunction.

$ote! string o"# foundat position *.

xt Function



xt Function

Se/arate String# This e(amp"e teaches you how to separate strings in E(ce".

The prob"em we are dea"ing with is that we need to te"" E(ce" where wewant to separate the string. In case of Tamad, uan the comma is atposition - whi"e in case of Don, Kedro the comma is at position + .

xt Function



xt Function

. To get the 1rst name, use the formu"a be"ow

E(p"anation! to 1nd the position of thecomma, use the FI$D function :position -;. Toget the "ength of a string, use the 6E$function : characters;. %@IBJT:A&,6E$:A&;'FI$D:#,#,A&;'; reduces to %@IBJT:A&,'-';.%@IBJT:A&,+; e(tracts the + rightmostcharacters and gi/es the desired resu"t :uan;.

xt Function



xt Function

&. To get the "ast name, use the fo""owing formu"a.

E(p"anation! to 1nd the position of thecomma, use the FI$D function :position-;. %6EFT:A&,FI$D:#,#, A&;'; reduces to

%6EFT:A&,-';. %6EFT:A&,; e(tracts the "eftmost characters and gi/es thedesired resu"t :Tamad;.

. Se"ect the range &!>& and drag it down.

xt Function



xt Function

$u&er of In#tance# This e(amp"e describes how to count the number of instances of te(t :or anumber; in a ce"".. 5se the 6E$ function to get the "ength of the string :* characters,inc"uding spaces;.

&. The S5STIT5TE function rep"aces e(isting te(t with new te(t in a string.6E$:S5STIT5TE:A,,##;; eua"s :the "ength of the string without theword mango;. If we subtract this number from *-, we get the "ength of themango instances :*-'%&4;.

xt Function



xt Function

*. Di/iding this number by the "ength of the word mango :;, gi/es us thedog instances :&40%+;.

xt Function



xt Function

$u&er of ord# This e(amp"e describes how to count the number of words in a ce"".

a. The T@I function returns a string with e(tra spaces, starting spaces andending spaces remo/ed.

b. To get the "ength of the string with norma" spaces, we combine the 6E$and T@I function.

xt Function



xt Function

&a. The S5STIT5TE function rep"aces e(isting te(t with new te(t in a te(tstring. 7e use the S5STIT5TE function to get the string without spaces.

&b. To get the "ength of the string without spaces, we combine the 6E$and S5STIT5TE function.

*. $ow comes the simp"e trick. To get the number of words, we subtractthe "ength of the string without spaces :4; from the "ength of the stringwith norma" spaces :&; and add .

xt Function



xt Function

Text to )olu&n# To separate the contents of one E(ce" ce"" into separate co"umns, you canuse the C>on/ert Te(t to >o"umns 7iOardC. For e(amp"e, when you want toseparate a "ist of fu"" names into "ast and 1rst names.

. Se"ect the range with fu"" names.

&. ?n the Data tab, c"ick Te(t to >o"umns.

xt Function



xt Function

. ?n the Data tab, c"ick Te(t to >o"umns.

. >hoose De"imited and c"ick $e(t.

xt Function



xt Function

+. >"ear a"" the check bo(es under De"imiters e(cept for the >ommaand Space check bo(.. >"ick Finish.

$ote! This e(amp"e hascommas and spaces as

de"imiters. 9ou may ha/eother de"imiters in yourdata. E(periment bychecking and uncheckingthe di2erent check bo(es. 9ou get a "i/e pre/iew of

how your data wi"" beseparated.

xt Function



xt Function

@esu"t!

xt Function



xt Function

(o%er//er )a#e This e(amp"e teaches you how to con/ert a te(t string to "ower, upper or

proper case in E(ce".. 5se the 6?7E@ function to con/ert a"" "etters in a te(t string to "owercase.

&. 5se the 5KKE@ function to con/ert a"" "etters in a te(t stringto uppercase.

*. 5se the K@?KE@ function to con/ert a te(t string to proper case. Thatis, the 1rst "etter in each word in uppercase, and a"" other "etters in"owercase.

xt Function



xt Function

-e&oved n%anted )'aracter# The T@I function returns a string with e(tra spaces, starting spaces and

ending spaces remo/ed. The >6EA$ function remo/es nonprintab"echaracters from a string.

. For e(amp"e, ce"" A be"ow contains the string # E(ce" Easy #$ote! the T@I function

returns thestring #E(ce"Easy#.

&. For e(amp"e, ce"" A be"ow contains a nonprintab"echaracter.

$ote! the >6EA$function remo/es thisnonprintab"echaracter. Te(timported from otherapp"ications may

contain nonprintab"echaracters.

xt Function



xt Function

)o&/are Text This e(amp"e shows two ways to compare te(t in E(ce". ?ne is case'sensiti/e

and one is case'insensiti/e.. 5se the E=A>T function :case'sensiti/e;.

5se the formu"a %A% :case'insensiti/e;.

xt Function



xt Function

Find v# Searc' The FI$D function and the SEA@>J function are /ery simi"ar to each other.

This e(amp"e shows the di2erence.

. To 1nd the position of a substring in a string, use the FI$D function. FI$Dis case'sensiti/e.

&. To 1nd the position of a substring in a string, use the SEA@>J function.SEA@>J is case'insensiti/e.

$ote! string training# foundat position &&. E/en thoughitCs actua""y the string

Training#

xt Function



xt Function

*. The SEA@>J function is more /ersati"e. 9ou can use wi"dcard characterswhen you use this function.

$ote! A uestion mark :P; matchese(act"y one character. An asterisk :Q;matches a series of Oero or morecharacters.

xt Function



xt Function

+. ?ne other interesting point to mention about the FI$D and the SEA@>Jfunction is that they ha/e a *rd optiona" argument. 9ou can use thisargument to indicate the position, counting from the "eft, at which you want

to start searching.

$ote! string e# foundat position .

$ote! string e# found atposition :startedsearching at position -;.

xt Function



xt Function

Su#titute v# -e/lace This e(amp"e shows the di2erence between the S5STIT5TE function and

the @EK6A>E function.

a. If you know the te(t to be rep"aced, use the S5STIT5TE function.

b. The S5STIT5TE function has a +th optiona" argument. 9ou can usethis argument to indicate which occurrence you want to substitute.

xt Function



xt Function

&. If you know the position of the te(t to be rep"aced, use the @EK6A>Efunction.

$ote! started at position with "ength *.

ancial Function#



ancial Function#

This chapter i""ustratesE(ce"Cs most popu"ar

1nancia" functions.

&t



&t

Bet the periodic payment for a "oan S"ntax%KT :rate, pmt, p/, Rf/, Rtype

ara&eter li#t3rate ' The interest rate for the "oan./&t ' The tota" number of payments for the "oan.

/v ' The present /a"ue, or tota" /a"ue of a"" "oan payments now.fv ' Roptiona" The future /a"ue, or a cash ba"ance you want after the"ast payment is made. Defau"ts to 4 :Oero;.t"/e ' Roptiona" 7hen payments are due. 4 % end of period. %beginning of period. Defau"t is 4.

&t



&t

The KT function can be used to 1gure out the future payments for a"oan, assuming constant payments and a constant interest rate. Fore(amp"e, if you are borrowing Khp4,444 on a &+ month "oan with an

annua" interest rate of H percent, KT can te"" you what your month"ypayments be and how much principa" and interest you are paying eachmonth.

$otes!. The payment returned by KT inc"udes principa" and interest but wi""

not inc"ude any ta(es, reser/e payments, or fees.&. e sure you are consistent with the units you supp"y for rate and

nper. If you make month"y payments on a three'year "oan at anannua" interest rate of H percent, use H0& for rate and *Q& for

nper. For annua" payments on the same "oan, use H percent for rateand * for nper.

&t



&t



$otes!. The payment returned by KT inc"udes principa" and interest but wi"" not

inc"ude any ta(es, reser/e payments, or fees.&. e sure you are consistent with the units you supp"y for rate and nper. If

you make month"y payments on a three'year "oan at an annua" interestrate of H percent, use H0& for rate and *Q& for nper. For annua"

payments on the same "oan, use H percent for rate and * for nper.

&t





$ote! The "ast two arguments are optiona". For "oans the F/ canbe omitted :the future /a"ue of a "oan eua"s 4, howe/er, itCsinc"uded here for c"ari1cation;. If Type is omitted, it is assumedthat payments are due at the end of the period.

&t





Tip! when working with 1nancia" functions in E(ce", a"ways askyourse"f the uestion, am I making a payment :negati/e; or amI recei/ing money :positi/e;P 7e pay o2 a "oan of Khp4,444:positi/e, we recei/ed that amount; and we make month"ypayments of Khp,4<+.- :negati/e, we pay;.

-ate



Bet the interest rate per period of an annuity

S"ntax

%@ATE :nper, pmt, p/, Rf/, Rtype, Rguess

ara&eter li#t3n/er ' The tota" number of payment periods./&t ' The payment made each period.

/v ' The present /a"ue, or tota" /a"ue of a"" "oan payments now.fv ' Roptiona" The future /a"ue, or a cash ba"ance you want after the"ast payment is made. Defau"ts to 4 :Oero;.t"/e ' Roptiona" 7hen payments are due. 4 % end of period. %beginning of period. Defau"t is 4.gue## ' Roptiona" 9our guess on the rate. Defau"ts to 4.

-ate



@ATE is ca"cu"ated by iteration. If the resu"ts of @ATE do not con/ergewithin &4 iterations, @ATE returns the U$5) error /a"ue.

$ote#3

. 9ou must be consistent with units for gue## and n/er.&. If you make month"y payments on a 1/e'year "oan at 4 percentannua" interest, use 40& for gue## and Q& for n/er.

*. If you make annua" payments on the same "oan, use 4 for guess and for n/er.

If @ate is the on"yunknown /ariab"e, we

can use the @ATEfunction to ca"cu"atethe interest rate.

$/er



/

Bet the number of periods for an in/estmentS"ntax%$KE@ :rate, pmt, p/, Rf/, Rtype;

ara&eter li#t3rate ' The interest rate per period./&t ' The payment made each period.

/v ' The present /a"ue, or tota" /a"ue of a"" payments now.fv ' Roptiona" The future /a"ue, or a cash ba"ance you want after the"ast payment is made. Defau"ts to 4.t"/e ' Roptiona" 7hen payments are due. 4 % end of period. %beginning of period. Defau"t is 4.

$/er



/

9ou can use the $KE@ function to get the number of periods for anin/estment when payments and the interest rate are constant.

$ote#3

. KT norma""y inc"udes principa" and interest but not ta(es, reser/epayments, or fees.

&. e sure you supp"y rate consistent with periods. For e(amp"e, if anannua" interest rate is & percent, use &0& for rate to get $KE@ toreturn periods in months.

If we make month"ypayments of V,4<+.-

on a &4'year "oan, withan annua" interest rateof -, it takes &+4months to pay o2 this"oan.

v



Bet the present /a"ue of an in/estmentS"ntaxKW :rate, nper, pmt, Rf/, Rtype;

ara&eter li#t3rate ' The interest rate per period.n/er ' The tota" number of payment periods.

/&t ' The payment made each period.fv ' Roptiona" A cash ba"ance you want to attain after the "astpayment is made. If omitted, assumed to be Oero.t"/e ' Roptiona" 7hen payments are due. 4 % end of period, %beginning of period. Defau"t is 4.

v



The KW function returns the /a"ue in todayCs do""ars of a series of futurepayments, assuming periodic, constant payments and a constant interestrate.

$ote#

. A stream of cash Xows that inc"udes the same amount of cash outXow:or inXow; each period is ca""ed an annuity. For e(amp"e, a car "oan or amortgage is an annuity. 7hen each periodCs interest rate is the same, anannuity can be /a"ued using the KW function.&. In annuity functions, cash you pay out, such as a deposit to sa/ings, isrepresented by a negati/e numberY cash you recei/e, such as a di/idend

check, is represented by a positi/e number. For e(amp"e, a Khp&,44

If we make month"ypayments of

Khp,4<+.- on a &4'year "oan, with anannua" interest rate of-, how much can weborrowP

Fv



Bet the future /a"ue of an in/estment S"ntax%FW :rate, nper, pmt, Rp/, Rtype;

ara&eter li#t3rate ' The interest rate per period.n/er ' The tota" number of payment periods.

/&t ' The payment made each period. ust be entered as a negati/enumber./v ' Roptiona" The present /a"ue of future payments. If omitted,assumed to be Oero. ust be entered as a negati/e number.t"/e ' Roptiona" 7hen payments are due. 4 % end of period, %beginning of period. Defau"t is 4.

Fv



The future /a"ue :FW; function ca"cu"ates the future /a"ue of an in/estmentassuming periodic, constant payments with a constant interest rate.$otes!

. 5nits for rate and n/er must be consistent. For e(amp"e, if you make

month"y payments on a four'year "oan at & percent annua" interest, use&0& :annua" rate0& % month"y interest rate; forrate and +Q& :+Hpayments tota"; for n/er. If you make annua" payments on the same "oan,use & :annua" interest; for rate and + :+ payments tota"; for n/er.&. If /&t is for cash out :i.e deposits to sa/ing, etc;, payment /a"ue mustbe negati/eY for cash recei/ed :income, di/idends;, payment /a"ue must

be positi/e.

If we make month"ypayments of V,4<+.-

on a &4'year "oan, withan annua" interest rateof -, do we pay o2this "oanP

Fv



if we make month"y payments of on"y Khp,444.44, we sti"" ha/e debtafter &4 years.

n# %it' Di4erent Duration



This e(amp"e teaches you how to compare "oans with di2erent durations.

. First, we ca"cu"ate the month"y payment on a "oan with an annua" interestrate of -, a &4'year duration and a present /a"ue :amount borrowed; ofKhp4,444.

$ote! we make month"y payments, so we use -0& % 4. for@ate and &4Q& % &+4 for $per :tota" number of periods;.




&. $e(t, se"ect the range A&!D& and copy and paste it down two rows.

*. >hange the duration of the other two "oans to & and *4 years.




*. The month"y payment o/er *4 years :KhpH33,**; "ooks good in contrast tothe Khp3--.+ and Khp,4<+.-. @ightP

+. ut now we ca"cu"ate the Tota" Kaid for each "oan.

The month"y payment o/er *4 years :KhpH33,**; sudden"y does not"ook so attracti/e anymore.

)onclu#ion3 the "onger the duration of the "oan, the more interest you pay.

e#t&ent or Annuit"



This e(amp"e teaches you how to ca"cu"ate the future /a"ue ofan in/estment or the present /a"ue of an annuity.

Ti/3 when working with 1nancia" functions in E(ce", a"ways ask

yourse"f the uestion, am I making a payment :negati/e; or am Irecei/ing money :positi/e;P

Inve#t&entAssume that at the end of e/ery year, you deposit Khp44 into a sa/ingsaccount. At an annua" interest rate of H, how much wi"" yourin/estment be worth after 4 yearsP

e#t&ent or Annuit"



This e(amp"e teaches you how to ca"cu"ate the future /a"ue ofan in/estment or the present /a"ue of an annuity.

Ti/3 when working with 1nancia" functions in E(ce", a"ways ask

yourse"f the uestion, am I making a payment :negati/e; or am Irecei/ing money :positi/e;P

In 4 years time, you pay 4 Q Khp44 % Khp444 :negati/e;, and youC""recei/e Khp,++H.-- :positi/e; after 4 years. The higher the interest,the faster your money grows.

$ote3 the "ast two arguments are optiona". If omitted, K/ % 4 :no

present /a"ue;. If Type is omitted, it is assumed that payments are due atthe end of the eriod.

e#t&ent or Annuit"



Annuit"Assume you want to purchase an annuity that wi"" pay Khp-44 a month,

for the ne(t &4 years. At an annua" interest rate of -, how much doesthe annuity costP

9ou need a one'time payment of KhpH*,<+H.+- :negati/e; to pay thisannuity. 9ouC"" recei/e &+4 Q Khp-44 :positi/e; % Khp++,444 in the

future. This is another e(amp"e that money grows o/er time.

$ote3 we recei/e month"y payments, so we use -0& % 4. for

@ate and &4Q& % &+4 for $per. The "ast two arguments are optiona".If omitted, F/ % 4 :no future /a"ue;. If Type is omitted, it is assumedthat payments are due at the end of the period. This annuity does nottake into account "ife e(pectancy, inXation etc.

&/ound Intere#t



7hatCs compound interest and whatCs the formu"a forcompound interest in E(ce"P

Assume you put Khp44 into a bank. Jow much wi"" yourin/estment be worth after one year at an annua" interest rate ofHP

&/ound Intere#t



$ow this interest :KhpH; wi"" a"so earn interest :compoundinterest; ne(t year. Jow much wi"" your in/estment be worth

after two years at an annua" interest rate of HP

&/ound Intere#t



Jow much wi"" your in/estment be worth after yearsP Simp"ydrag the formu"a down to ce"" H.

&/ound Intere#t



A"" we did was mu"tip"ying Khp44 by .4H, times. So we cana"so direct"y ca"cu"ate the /a"ue of the in/estment after years.

which is the same as Z $ote! there is nospecia" function forcompound interest inE(ce".

it" Ti&e5 6 )o&/ound Intere#t )alculator



Assume you put Khp4,444 into a bank. Jow much wi"" yourin/estment be worth after 4 years at an annua" interest rate of

compounded month"yP For&ula3

ctivit" Ti&e5



Solution3

it" Ti&e5 6 )o&/ound Intere#t )alculator



7o%

Aout8

Assume you put Khp4,444 into a bank. Jow muchwi"" your in/estment be worth after years at anannua" interest rate of + compounded uarter"yP

an A&ortization



5se the KT function to ca"cu"ate the month"y payment on a "oan withan annua" interest rate of , a &'year duration and a present /a"ue:amount borrowed; of Khp &4,444

$ote3 $ame the ce"" for easy and readab"e formu"a.

an A&ortization

http://e/Files%20Here/Blitz%20Solution/Excel/Excel%20Tutorial/excel/excel/www.excel-easy.com/functions/financial-functions.html

http://e/Files%20Here/Blitz%20Solution/Excel/Excel%20Tutorial/excel/excel/www.excel-easy.com/functions/financial-functions.html



5se the KKT function to ca"cu"ate the principa" part of the payment. The second argument speci1es the payment number.

$ote3

an A&ortization



5se the IKT function to ca"cu"ate the interest part of the payment. Thesecond argument speci1es the payment number.

$ote3

an A&ortization



5pdate the ba"ance

>hange theformu"a Z

an A&ortization



Se"ect the range4!F4 secondpayment; and dragit down to row *&.

ciation 9 Excel o4er# :ve di4erent de/reciation function#



7e consider an asset with an initia" cost of Khp4,444, a sa"/age /a"ue:residua" /a"ue; of Khp444 and a usefu" "ife of 4 periods :years;.e"ow you can 1nd the resu"ts of a"" 1/e functions

See Exa&/le

e/reciation



S($ The S6$ :Straight 6ine; function is easy. Each year the depreciation/a"ue is the same.

The S6$ function performs the fo""owing ca"cu"ation.Deprecation Wa"ue % :4,444 ' ,444; 0 4 % 344.44.If we subtract this /a"ue 4 times, the assetdepreciates from 4,444 to 444 in 4 years :see

1rst picture, bottom ha"f;.

e/reciation



S+D ' The S9D :Sum of 9earsC Digits; function is a"so easy. As you can

see be"ow, this function a"so reuires the period number.

The S9D function performs the fo""owing ca"cu"ations.A usefu" "ife of 4 years resu"ts in a sum of years of 4G 3 G H G < G - G G + G * G & G % . The asset"oses 3444 in /a"ue. Depreciation /a"ue period %

40 Q 3444 % ,-*-.*-.

Deprecation/a"ue period &% 30 Q 3444% ,+<&,<*,

etc. If wesubtract these/a"ues, theassetdepreciatesfrom 4,444 to

444 in 4

e/reciation



DB ' The D :Dec"ining a"ance; function is a bit more comp"icated. It

uses a 1(ed rate to ca"cu"ate the depreciation /a"ues.

The D function performs the fo""owing ca"cu"ations.Fi(ed rate % ' ::sa"/age 0 cost; [ : 0 "ife;; % ':44404,444;[:04; % ' 4.<3+*&H&*+< % 4.&4-:rounded to * decima" p"aces;. Depreciation /a"ue

period % 4,444 Q 4.&4- % &,4-4.44.Deprecation/a"ue period &% :4,444 '&,4-4.44; Q4.&4- %

-*.-+, etc. Ifwe subtractthese /a"ues,the assetdepreciatesfrom 4,444 to

33.HH in 4

e/reciation



$ote3

DB function' has a 1fth optiona" argument. 9ou can use this argument to

indicate the number of months to go in the 1rst year :If omitted, it isassumed to be &;. For e(amp"e, set this argument to 3 if youpurchase your asset at the beginning of the second uarter in year :3 months to go in the 1rst year;. E(ce" uses a s"ight"y di2erentformu"a to ca"cu"ate the deprecation /a"ue for the 1rst and "ast period:the "ast period represents an th year with on"y * months;.

e/reciation



DDB ' :Doub"e Dec"ining a"ance; function is easy again. Jowe/er,

sometimes you donCt reach the sa"/age /a"ue when you use this function.

The DD function performs the fo""owing ca"cu"ations.A usefu" "ife of 4 years resu"ts in a rate of 04 % 4..ecause this function is ca""ed Doub"e Dec"ininga"ance we doub"e this rate :factor % &;. Depreciation

/a"ue period % 4,444 Q 4.& % &,444.44.

e/reciation



Deprecation /a"ue period & % :4,444 ' &,444.44; Q 4.& % -44.44, etc.As said ear"ier, sometimes you donCt reach the sa"/age /a"ue when youuse this function. In this e(amp"e, if we subtract the depreciation/a"ues, the asset depreciates from 4,444 to 4<*.<+ in 4 years :see1rst picture, bottom ha"f;. Jowe/er, read on to 1( this.

$ote! the DD function has a 1fth optiona" argument. 9ou can use this

e/reciation



;DB ' The WD :Wariab"e Dec"aring a"ance; function uses the DD

:Doub"e Dec"ining a"ance; method by defau"t. The +th argument indicatesthe starting period, the th argument indicates the ending period.

e/reciation



The WD function performs the same ca"cu"ations as the DD function.Jowe/er, it switches to Straight 6ine ca"cu"ation :ye""ow /a"ues; to makesure you reach the sa"/age /a"ue :see 1rst picture, bottom ha"f;. It on"yswitches to Straight 6ine ca"cu"ation when Depreciation Wa"ue, Straight6ine is higher than Depreciation Wa"ue, DD. In period H, DepreciationWa"ue, DD % +3.+*. 7e sti"" ha/e &43<. ' 444 :see 1rst picture,bottom ha"f; to depreciate. If we use the Straight 6ine method this resu"tsin * remaining depreciation /a"ues of 43<. 0 * % *-.<&.

e/reciation



Depreciation Wa"ue, Straight 6ine is not higher so we do not switch. Inperiod 3, Depreciation Wa"ue, DD % **.+. 7e sti"" ha/e -<<.<& ' 444:see 1rst picture, bottom ha"f; to depreciate. If we use Straight "inemethod this resu"ts in & remaining depreciation /a"ues of -<<.<& 0 & %**H.H-. Depreciation Wa"ue, Straight 6ine is higher so we switch toStraight 6ine ca"cu"ation.

Module 1.1 - Ms Excel 2010 Training

Documents

Transcript of Module 1.1 - Ms Excel 2010 Training