Cases and Places
Apply your creative thinking and problem-solving skills to design and implement a solution.
1: Analyzing Emergency Student Loans
Academic
The Student Assistance office at your school provides emergency loans at simple interest. The data obtained
from six types of loans and the desired report format are shown in Table 2–9. The required formulas are shown
in Table 2–10. Use the concepts and techniques presented in this chapter to create and format the worksheet.
Include total, average, maximum, and minimum values for Principal, Interest, and Amount Due.
Table 2–9
Emergency Student Loan Data and Worksheet Layout
Loan Type
Academic Supplies
Medical Emergency
Personal Emergency
Room and Board
Travel Expenses
Tuition Reimbursement
Principal
$40,000
$25,500
$12,750
$27,000
$4,550
$107,000
Rate
7.5%
12%
8.25%
6.5%
12%
6%
Time in Years
.4
.33
.5
1
.5
1
Table 2–10
Emergency Student Loan Formulas
Interest = Principal × Rate × Time
Amount Due = Principal + Interest
Average = AVERAGE function
Minimum = MIN function
Maximum = MAX function
2: Analyzing Energy Consumption
Personal
Your parents believe that your late night studying sessions and household appliance usage contribute to
excessive electricity bills. You have decided to try to prove them wrong by analyzing your daily and monthly
electricity consumption. You research the energy consumption of your personal items and appliance usage to
obtain consumption costs per hour for each item. Table 2–11 contains the data and format for the report you
want to create.
Table 2–11
Use the concepts and techniques presented in this project to create and format the worksheet. Include an
embedded 3-D Pie chart that shows the cost per month. Use Microsoft Excel Help to create a professional
looking 3-D Pie chart with title and data labels.
3: Analyzing Profit Potential
Professional
You work for HumiCorp, an online retailer of home humidifiers. Your manager wants to know the profit
potential of their inventory based on the items in inventory listed in Table 2–12. Table 2–12 contains the format
of the desired report. The required formulas are shown in Table 2–13. Use the concepts and techniques
developed in this chapter to create and format the worksheet. The company just received 67 additional desksized humidifiers and shipped out 48 room-sized humidifiers. Update the appropriate cells to reflect the change
in inventory.
Table 2–12
Table 2–13
HumiCorp Inventory Profit Potential Formulas
Formula A
Formula B
Formula C
Formula D
Formula E
Formula F
=
=
=
=
=
=
Units on Hand × Unit Cost
Unit Cost × (1/(1–.66))
Units on Hand × Unit Price
Total Value – Total Cost
AVERAGE function
MIN function
Formula G
= MAX function
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