Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chapter Five Subtotals Problems ( 5 points each ) Please provide the answers to the following questions using the Microsoft Excel Exam. Use the tab

Chapter Five Subtotals
Problems (5 points each)
Please provide the answers to the following questions using the Microsoft Excel Exam. Use the tab C5 Subtotals and the tab C5 Subtotals for these questions.
1) Using the sheet C5 SubTotals, create a subtotal for this dataset. The subtotal should display the Sum of Salary for each Department.
2) Using the sheet C5 SubTotals2, create two subtotals for this dataset. The first subtotal will display the Sum of Salary for each Department. The 2nd subtotal will display the average Salary by Title within Department.
Chapter Five PivotTables
Problems (6 points each)
Please provide the answers to the following questions using the Microsoft Excel Exam. Use the tab C5 PivotTables for these questions.
3) Using the sheet C5 PivotTables as a base, create a PivotTable called Analysis (by naming the sheet Analysis) which shows the Sum of Salary by Title within Department (as a Stacked Row). Apply any PivotTable Style to the PivotTable.
4) Using the sheet C5 PivotTables as a base, create a PivotTable called More Analysis (by naming the sheet More Analysis) showing both the Sum of Salary and the Average of Salary by Department. Display the Sum of Salary as a Percent of Column Total and the Average of Salary with no calculation. Create a slicer for the field performance and display a Pie Chart as a PivotChart.
Chapter Six What-If Analysis
Problems (6 points each)
Please provide the answers to the following questions using the given Microsoft Spreadsheet called Excel Exam Part 2. Use the tab C6 What-If Analysis for these questions:
5) For both Loan #1 and Loan #2, use the corresponding Input Areas to calculate the following values for each loan:
a. The Loan Amount which is the Cost of the Home minus the Down Payment
b. The Monthly Interest Rate
c. The Total Number of Payments to pay off the loan
d. The Monthly Payment for the Loan (Make sure it displays as a positive number)
e. The Total Amount paid to the bank to pay off the loan (Monthly Payment times Total Number of Payments)
f. The amount of Interest paid on the loan once it is fully paid (Total Amount Paid minus Loan Amount)
6) Using Loan #1, use the values from both the Input Area #1 and Output Area #1 on the loan to create a Data Table to determine the impact on Monthly Payment, Total to Repay the Loan, and the Total Interest Paid on the loan by changing the cost of the home from $400,000 to $500,000 by increments of $10,000. Create this table starting in Column D and format all column headings to provide descriptions of those columns (bolding and underline the column headings) as well as format the values inside the table to display a Currency Format with 2 decimal places. Also, format the changing values of Cost of Home as Currency with 0 decimal places.
7) Using Loan #1 again, create a 2nd Data Table to determine the impact on Total to Repay the Loan if the cost of the home was between $400,000 and $500,000(looking at the impact at a change increment of $10,000) and the Interest Rate changed to values from 5% to 7% changing at an increment of .5%). Format all data inside the table using the Currency Format with 2 decimal positions. Place this Data Table next to the Data Table (starting in Column I) created in question #2 immediately to its right leaving one blank column between the tables. Place a label on the cell at the intersection of the changing home values and the changing Interest Rate values which says Cost/APR and bold/underline both this label and the values for the changing Interest Rates.
8) Using Loan #2, use Goal Seek to determine the exact Cost of Home which would be required to have an exact Monthly Payment of $2000.
9) Using Scenario Manager, create a Scenario Summary Report comparing the three loans entered in the Loan Scenario Section on the spreadsheet using the formulas which have been created in Loan #3 and use Loan #3 as the basis for your Scenario Summary Report. Make sure the Scenario Summary Report shows the impact of entering all the components of the loan (Amount of Loan, Down Payment Required, Annual Interest Rate and Total Number of Payments) and their impact on Monthly Payment, Total to Repay Loan and Total Interest Paid.
10) Using Solver, create an Answer Report for Loan #4 where Solver is allowed to change Down Payment, Annual Interest Rate and Total Number of Payments to find the minimum value of Total to Repay Loan with the following constraints:
a. Down Payment must be between $15,000 and $60,000
b. Interest Rate must be between 2% and 5%
c. Total Number of Payments must be between 250 and 300.
d. Total Number of Payment must be an Integer
Chapter Seven Specialized Functions
Problems (6 points each)
Please provide the answers to the following questions using the given Microsoft Excel Spreadsheet called Excel Exam Part 2. Use the tab C7 Specialized Functions for questions 11-16 and C7 Amortization Table for q

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Medical Image Databases

Authors: Stephen T.C. Wong

1st Edition

1461375398, 978-1461375395

More Books

Students also viewed these Databases questions