Formulas and Functions

OBJECTIVES: After completing this class, students will be able to

  • Rewrite a math equation in Excel format
  • Understand the difference between Accounting and Currency styles
  • Use Precedence correctly (PEMDAS) (page 443)
  • Insert formulas into an Excel worksheet
  • Search for a function
  • Use the IF function to make decisions
  • Understand absolute versus relative cell referencing (pages 498 - 505)

Challenge yourself:

  • Use the PMT function to calculate the payment on a loan
  • Use a template to calculate payment on a loan
  • Use date functions like NOW and TODAY

The information for this lecture is found in Chapters 14 & 15 of the CMPTR book

lmayer@elgin.edu