excel 2007 working with formulas and functions

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    FIRST COURSE

    Excel 2007

    Working withFormulas and

    Functions

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    New Perspectives on Microsoft Office 2007: Windows XP Edition 2

    Objectives

    Copy formulas Build formulas containing relative,

    absolute, and mixed references Review function syntax Insert a function with the Insert

    Function dialog box Search for a function Type a function directly in a cell

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    Objectives

    Use AutoFill to fill in a formula andcomplete a series Enter the IF logical function Insert the date with the TODAY function Calculate monthly mortgage payments

    with the PMT financial function

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    Using Relative References

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    Using Absolute References

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    Using Mixed References

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    Entering Relative, Absolute,and Mixed References

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    Understanding FunctionSyntax

    Every function has to follow a set of rules, or syntax , which specifies howthe function should be written

    Arguments

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    Understanding FunctionSyntax

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    Inserting a Function Click the Formulas tab on the Ribbon To insert a function from a specific category,

    click the appropriate category button in theFunction Library group. To search for afunction, click the Insert Function button in theFunction Library group, enter a description of the function, and then click the Go button

    Select the appropriate function from the list of functions

    Enter the argument values in the FunctionArguments dialog box, and then click the OK button

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    Inserting a Function

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    Typing a Function

    As you begin to type a function namewithin a formula, a list of functions thatbegin with the letters you typedappears

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    Working with AutoFill AutoFill copies content and formats from a cell or

    range into an adjacent cell or range Select the cell or range that contains the formula or

    formulas you want to copy Drag the fill handle in the direction you want to copy

    the formula(s) and then release the mouse button To copy only the formats or only the formulas, click

    the AutoFill Options button and select the appropriateoption

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    Working with AutoFillor Select the cell or range that contains the formula or

    formulas you want to copy In the Editing group on the Home tab, click the Fill

    button

    Select the appropriate fill direction and fill type (orclick Series, enter the desired fill series options, andthen click the OK button)

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    Using the AutoFill OptionsButton

    By default, AutoFill copies both theformulas and the formats of the originalrange to the selected range

    You can specify what is copied by usingthe AutoFill Options button thatappears after you release the mousebutton

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    Filling a Series

    AutoFill can also be used to create aseries of numbers, dates, or text basedon a pattern

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    Filling a Series

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    Creating a Series withAutoFill Enter the first few values of the series into a range Select the range, and then drag the fill handle of the

    selected range over the cells you want to fillor Enter the first few values of the series into a range Select the entire range into which you want to extend the

    series In the Editing group on the Home tab, click the Fill button,

    and then click Down, Right, Up, Left, Series, or Justify to setthe direction you want to extend the series

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    Working with LogicalFunctions

    A logical function is a function thatworks with values that are either trueor false

    The IF function is a logical functionthat returns one value if the statementis true and returns a different value if the statement is false

    IF(logical_test , value_if_true ,[value_if_false ])

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    Working with LogicalFunctions

    A comparison operator is a symbolthat indicates the relationship betweentwo values

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    Working with LogicalFunctions

    =IF(A1="YES", "DONE", "RESTART") =IF(A1="MAXIMUM", MAX(B1:B10),

    MIN(B1:B10))

    =IF(D33>0, $K$10, 0)

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    Working with Date Functions

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    Working with FinancialFunctions

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    Determine a Monthly LoanPayment