graphic2
graphic1
 

Exam 77-427 Microsoft Excel 2013 EXPERT
3. Create Advanced Formulas
3.4 Create Scenarios: Use Financial Functions

Financial Functions

Microsoft Excel has a robust library of Financial Functions. Let's say that our little company, Charlotte's Website, needs a car. How would you calculate the car payments?

Here are the steps.

 

1. Before You Begin: Enter the Labels

Open a new, blank spreadsheet.

Select Cell A1 and type: Present Value

Select Cell A2 and type: Number of Payments

Select Cell A3 and type: Interest Rate

Select Cell A4 and type: Payment

 

If these are labels, and they are, they should be selected and formatted BOLD.

 

Keep going...

Home->Font->Bold