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Day 3: MICROSOFT EXCEL – CHAPTER 2

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Day 3: MICROSOFT EXCEL – CHAPTER 2. Madhuri Siddula masiddula@mix.wvu.edu August 28, 2014. Formula basics. Cell references. Relative Absolute Mixed. data. Relative reference. Amount financed = House Cost – Down Payment. absolute reference.

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Day 3: MICROSOFT EXCEL – CHAPTER 2

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  1. Day 3:MICROSOFT EXCEL – CHAPTER 2 Madhuri Siddula masiddula@mix.wvu.edu August 28, 2014

  2. Formula basics

  3. Cell references • Relative • Absolute • Mixed

  4. data

  5. Relative reference • Amount financed = House Cost – Down Payment

  6. absolute reference • Rate Per Period = Mortgage Rate / Pmts Per Year

  7. Make B5 constant throughout column F

  8. B5 can be made constant by: • Enter symbol “$” before and after B • Go to the formula and take cursor to B5 and press F4

  9. mixed reference • # of payment periods = Years * Pmts Per Year

  10. Circular reference Correct the formula: % financed = Amount Financed / House Cost

  11. Thank you

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