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Exam (elaborations)

MISY 5325 MidTerm Cheat Sheet 2021.

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MISY 5325 MidTerm Cheat Sheet 2021.

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Chapter 1
 Fill Handle- copying a formula from one cell to a range of cells.
 Formatting is under Home -> Cell Styles (preselect cells)
 Merge & Center button
 To select multiple cells, press the Control key and select.
 Accounting Format $ is not by number, Currency Format the $ is next to number.
 Move Chart puts it on a new worksheet.
 Double click on pie sections to change the color.

Chapter 2
 You cannot sum a percentage. You repeat the formula.
 AutoSum button also contains Average, Count Numbers,
Max, Min & other functions.
 Format Painter is under Home.
 Applying a border is under the Home -> Alignment
 Change Row Height, Autofit Column/ Row is under Format.
 Conditional Formatting -> Highlight Cell Rules then select
data
 CTRL+ Accent Mark (`)-top, left on keyboard- will display
the worksheet with formulas. Press again to get back to
values.

Chapter 3
 $B$4- Absolute Reference (both
 In Home ->Alignment, you can rotate the text to 45 degrees for example.
 Increase or decrease indented text within a cell. column and row remain the same)
 =NOW () will give a system date. Then can format cell to date and pick type of  B4- Relative Cell Reference (when
format (ex:03/14/2019 or 14- Mar) copied, both the column and row
 IF Function: are changed)
=IF(logical test, value 1 if the test if true, value 2 if the test if false)  B$4- Mixed Reference (column
=IF(5>4,1,2) would be 1 changes, row remains)
=IF(5<4,1,2) would be 2  $B4- Mixed Reference (Column
=IF(5>4, “Good”, “Bad”) remains, row changes)
=IF(5<4, A1, A2) to reference cell
=IF(5*3>4+2, 5+1, 6+3)
 Column Sparkline Chart- place cursor in cell ->Insert ->Column Chart ->Select range. Can change colors under Design tab. Can use
Fillhandle.
 View -> Zoom
 Split is also under View into several windows.
 Freeze Pane is under View. Place cursor in column or row after the area to be frozen.
 What-If or sensitivity analysis to analyze changes to the worksheet for changing values
 Goal Seeking to see what you need to do to achieve the goal. It is under the What-If Analysis. Box will open to set the cell to a certain
amount by changing another specific cell. Can go back to original information by clicking Cancel.

Chapter 4
 Create Names for selections in the Formulas tab -> Create Selection
 =FV(rate, periods, payment) : Returns the future value of an investment based on periodic, constant payments and interest rate.
o Must be on same basis (month (*12) or year) ; put – in front to make a positive number
 =PMT(rate,periods,loan amount) : Calc the payment for a loan based on the amount, constant payments and interest rate.
o Must be on same basis (month (*12) or year); put – in front to make a positive number
 =PV(rate,periods,payment) : Returns the present value of an investment-total amount that a series of future payments is worth
o Must be on same basis (month (*12) or year);
 Total Interest= (Payment *Term *12(if monthly))- loan amount
 Data Table- can reference column or row
 Amortization Schedule- beginning amount, ending balance, what is to principle, interest and interest over life of loan
o Ending balance is PV(rate/12, (Term-year on schedule)*12, monthly pmt)
o Paid on principle is beginning balance- ending balance
o Interest paid is (Monthly payment *12)- paid on principle


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