HBC 2212: COMPUTER APPLICATIONS FOR BUSINESS

HBC 2212:COMPUTER APPLICATION FOR BUSINESS

MICROSOFT EXCEL ASSIGNMENT

Explain what the following spreadsheet functions do ,illustrating your answer with an example of how the function
Could be used;

i) SUM

 This function sums up a range total.

 It also saves on time that is instead of creating a formula =A1+B1+C1+A2+B2+C2 ,This function makes it easy
=SUM(A1:C3)

ii) AVERAGE
 Return the average value from a list of supplied
 It returns the average (arithmetic mean) of the argument
 For example ,if the range A1:A20 contains numbers ,the formula =AVERAGE (A1:A20) returns the
Average of those numbers.

iii) COUNT
 Returns the number of numerical values in supplies set of cells or values
 The excel count function returns the count of values that are numbers generally cells that contain
Numbers .Values can be supplied as constants, cell references or ranges.
 Example =COUNT (value 1, [value2]…)

iv) SUMIF
 You use the SUM IF function to sum the values ,in a range that meet criteria that you specify
 For example , suppose that in a column that contain numbers ,you want to sum only the values
That are larger than 5. You can use the following formula : =SUMIF(B2:B25,”> 5”)

v) COUNTIFS
 Returns the number of cells (of a supplied range) ,that satisfy a given criteria
 This function is classified as statistical function
 It can be used as a worksheet function (WS) in Excel
 As a worksheet function ,the COUNTIF function can be entered as part of a formula in a cell
 The syntax for the COUNTIF function in Microsoft EXCEL is COUNTIF (range, criteria).

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HBC 2212: COMPUTER APPLICATIONS FOR BUSINESS

vi)PPMT
 This function calculates the payment of the principal , during a specific period of a loan or investment that
Is paid in constant periodic payment ,with a constant interest rate
The syntax of the function is : PPMT( rate ,per,n per,PV, [FV],[type]
 Rate =interest rate per period
 Per =the period for which the payment of the principal is to be calculated
 Nper=the number of periods
 PV= present value of the loan amount /investment
 [FV] =Future value of the loan/investment
 [type]= argument that specifies whether the payment is made at the start or the end of the period

vii) NPV
 It calculates the net present value of an investment by using a discount rate and a series of future payments
(negative values ) and income (positive values)
NPV (rate, value1, [value2]…)

viii) PMT

 It calculates the payment for a loan based on constant payments and a constant interest rates
 PMT (rate per, PV, [FV], [type].)

ix) FV
 It calculates the future value of an investment based on constant interest rate
 You can use FV with either periodic ,constant payment, or a single sum payment
 =FV(rate, nper,pmt,[PV],[type]

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HBC 2212: COMPUTER APPLICATIONS FOR BUSINESS

I) State a formula that correctly calculates the item Total in E

=C7*D7
ii) State what the most efficient formula is to calculate Items Total the in figure E15

=SUM(E7:E12)
iii) State a formula that correctly calculates the invoice Total figure in E17

=E15*0.16
iv) suggest a suitable folder name and file name for saving the spreadsheet
Folder name ;MS EXCEL WORK
File name: HBC 2212

d) Implement this on a spreadsheet applying the appropriate formulae so to get correct figures;

KINDLY CONSIDER;WE HAVE SCREENSHOT THE EXCEL PART D,WE HAVE ATTACHED AN ORIGINAL MS
EXCEL WORK.KINDLY CONSIDER THAT

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HBC 2212: COMPUTER APPLICATIONS FOR BUSINESS