DAY 5: EXCEL CHAPTERS 2 Rahul Kavi Rahul.Kavi@mail.wvu.edu SEPTEMBER 3rd, 2013 1 RECAP • • • • • Formatting. Number Formats. Printing and Page Layout. Cell References. Commonly used functions, other functions(Date & Time) • Nested Functions. 2 CONDITIONAL • IF(condition, then, else) – Equal = – Not Equal <> – Less Than <, LT or Equal <= – Greater Than >, GT or Equal >= • Example: You want to add bonus points if there is a yes in the bonus column – IF(C2=“YES”,B2+$E$2,B2) 3 NESTED FUNCTIONS • You can use a function as the parameter for another function. • Example: Drop the lowest grade – 5 Assignments, 25 points each – SUM(B2:F2, -MIN(B2:F2)) 4 PAYMENTS • Used for calculating loan payments • PMT(rate, number of periods, present value) – Rate is per payment period – Present value is usually negative (loans are debt) 5 LOOKUP FUNCTIONS • VLOOKUP(value, lookup table, column) – value is the item to look up – the table should use absolute references ($A$1:$B$6) – column is the column in the lookup table to get the return value • HLOOKUP(value, lookup table, row) – same as VLOOKUP, but for horizontal lookup tables 6 RANGE NAMES • Range names make it easier to specify ranges in formulas and find ranges within large spreadsheets – Must begin with a letter or underscore – Only letters, numbers, underscores, and periods • You can reference the range in formulas with the name instead of using absolute references 7 MANAGING RANGE NAMES • Name Box • Name Manager Tool – Formulas->Name Manager – Can add, edit, or delete ranges names • Use in Formula – Paste Names as documentation – Find name for formula • Autocomplete will show range names, double click the name to fill it in 8 THINGS TO REMEMBER • MyITLab Lesson A Due Today (03/09/2013). • Homework/Assignment posted. • Homework/Assignment due on 09/13/2013 • Revise previous slides for Class Project soon. 9 LOG OFF