Microsoft Excel 2002
Formulas, Functions, & Macros

Introduction

Payment Function

Using the If Statement

Scenario Summary

Sorting
Custom Lists

Recording Macros

 

Using Formulas

Formulas and function are mathematical statements used to perform calculations.

  • A formula is an instruction made up by the user to perform a specific calculation.
  • All formulas must start with an equal sign and contain cell addresses, numbers, and mathematical operators.
  • When preparing a formula it is important to consider the order of mathematical operations. A formula that has more than one operation follows an order of precedence.

    The order is as follows from left to right:
    1. Exponentiation
    2. Multiplication
    3. Division
    4. Addition
    5. Subtraction

Note: if a formula has parenthesis, the operation (s) in the parenthesis is performed first. Remember back the reference Please Excuse My Dear Aunt Sally.

EXAMPLES      
Operator
Meaning
Example
Result (if A1=18 & A2=2)
+
Addition =A1+A2
20
-
Subtraction =A1-A2
16
*
Multiplication =A1*A2
36
/
Division =A1/A2
9
%
Percentage =A1%
.18
^
Exponentiation =A1^A2
324

Excercise 1

The following 2 exercises are intended as a refresher for those users who do not use Excel that often. If you are an experienced user advance to Excercise 3.

  1. Create the worksheet listed shown on the next page. The sale tax is approximately is 6% entered as .06.
  2. Enter the labels and values in the exact cell locations shown in the spreadsheet.
  3. Enter the formulas, as shown in the shaded cells. Tap the Enter key after each formula.
  4. Copy the formula to the respective cells by using the fill handle and drag downward.
  5. Format the cells using the currency format with the dollar sign.
 
A
B
C
D
E
F
G
1 Merchandise   List Price Discount Sales Price Sales Tax Total Price
2
3 Printer
345
185
=C3-D3
=E3*.06
=E3+F3
4 Computer
985
265
5 Monitor
395
98

Exercise 2

  1. Select the entire formula sheet and paste it into sheet2.
  2. Enter the new labels in column A.
    A8 - Totals
    A9 - Average
    A10 - Count
    A11 - Maximum
    A12 - Minimum
  3. Click on the Edit Formula (= sign) in the cell related to the label.
  4. Use the drop down arrow in the Function box to locate the function. Next select the cells under the label Total Price for the proper argument.