Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Full-screen Snip YouTube is a valuable tool to help you learn how to use Excel to conduct financial math calculations. There are also numerous websites
Full-screen Snip YouTube is a valuable tool to help you learn how to use Excel to conduct financial math calculations. There are also numerous websites that will discuss the same topics! Try using search terms related to the topics covered in class, for example: interest rates compounding periods future value present value Find and bookmark a few sites or videos that discuss the use of Excel with these calculations. Step 2: Prepare your Excel Spreadsheet Open a new Microsoft Excel Workbook. Rename the fil. Make sure you have two sheets. Label (rename) them as follows: o Sheet) Excel Formulas Sheet2: Sample Problem Step 3: Excel Formulas (Sheetl). In the Sheet you renamed "Excel Formulas", in cells Al and A2, paste the links from the websites or videos that helped you understand how to use Excel for financial math calculatior Starting below your list of sites or videos, and working in a column, list the following variables: o FV PV oIY o N Beside each variable, describe the meaning of that variable (in your own words). Beside i and N, describe how you could use Excel to help you calculate these variables. Hint: there isn't a formula, and you might simply use multiplication or division (which can ALSO be done in Excel)! Beside FV and PV, describe how you would use Excel to calculate these variables. List any formulas you might use. If there are multiple ways in which you could calculate FV or PV, include them. Format your Workbook in a professional and visually appealing way. Use a sans serif font (no larger than size 13) that will be consistent throughout your Workbook. Be creative, but especially professional! Step 4: Sample Problem Create a Problem Now is your chance to put your new skills into action. In the Sheet you renamed "Sample Problem", in cell A1, create your own financial math problem in which you are solving for the future or present value (your choice)! Adjust the formatting of this Sheet to make it more visually appealing and clear. CY Full-screen Snip YouTube is a valuable tool to help you learn how to use Excel to conduct financial math calculations. There are also numerous websites that will discuss the same topics! Try using search terms related to the topics covered in class, for example: interest rates compounding periods future value present value Find and bookmark a few sites or videos that discuss the use of Excel with these calculations. Step 2: Prepare your Excel Spreadsheet Open a new Microsoft Excel Workbook. Rename the fil. Make sure you have two sheets. Label (rename) them as follows: o Sheet) Excel Formulas Sheet2: Sample Problem Step 3: Excel Formulas (Sheetl). In the Sheet you renamed "Excel Formulas", in cells Al and A2, paste the links from the websites or videos that helped you understand how to use Excel for financial math calculatior Starting below your list of sites or videos, and working in a column, list the following variables: o FV PV oIY o N Beside each variable, describe the meaning of that variable (in your own words). Beside i and N, describe how you could use Excel to help you calculate these variables. Hint: there isn't a formula, and you might simply use multiplication or division (which can ALSO be done in Excel)! Beside FV and PV, describe how you would use Excel to calculate these variables. List any formulas you might use. If there are multiple ways in which you could calculate FV or PV, include them. Format your Workbook in a professional and visually appealing way. Use a sans serif font (no larger than size 13) that will be consistent throughout your Workbook. Be creative, but especially professional! Step 4: Sample Problem Create a Problem Now is your chance to put your new skills into action. In the Sheet you renamed "Sample Problem", in cell A1, create your own financial math problem in which you are solving for the future or present value (your choice)! Adjust the formatting of this Sheet to make it more visually appealing and clear. CY
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started