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Excel XP Lesson 5

Use these notes for the Excel XP Lesson 5 quiz.

AB
You must enter this character as the first character in a function formula so that Excel will recognize it as a formula.=
This function is used to round up the values in a selected range (note: it does not sum the selected range).ROUND
To calculate the standard deviation of the number contained in the range of the argument, you would use this function.STDEV (standard deviation)
You would use this function to calculate the payment for a loan based on constant payments and a constant interest rate.PMT (payment)
You can use this function to display dates in many different formats.DATE
Logical functions may be used to display these if certain conditions exist.Text or values
These are special formulas that do not use operators to calculate a result.Function formulas
This function determines the payment needed each period to repay a loan.PMT (payment)
This function determines the current value of an investment that will return a series of equal payments in the future.PV (present value)
This function will display today's date in a worksheet.NOW
This functions will display the current time in a worksheet.NOW
What is the purpose of the COUNT function?It determines the number of filled cells in a range.
The following are parts of a function formula.The equal sign, the function name, and the argument
This function shows the square root of the number identified in the argument.SQRT
This function displays the number of cells with numerical values in the argument range.COUNT
This function displays the future value of a series of equal payments.FV (future value)
This function displays the date or time based on the computer’s clock.NOW
This function displays the largest value in a selected range of cells.MAX
This function displays the smallest value in a selected range of cells.MIN
This function displays the average value in a selected range of cells.AVERAGE
This function adds the total value of a selected range of cells.SUM


Mr. Rowland

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