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This guide prepares you for your exam by covering essential practical statistical concepts such as calculating averages, maxima, and minima in business contexts. It delves into the PMT function, explaining how to use it with arguments like interest rate, term, and financed amount. You'll also learn important Excel skills, including how to format cells by changing colors, number formats to dollars and cents, converting to percentages, and aligning text in cells or columns. Perfect for exam preparation or enhancing your statistical and Excel proficiency!
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Statistical • Average
Statistical • Max
Statistical • Min
Business • PMT • The arguments this function uses are In Months • Interest Rate • Term In Months • Amount Financed Negative Number
Business • PMT
Logic - Decisions • If
Lookup • Vlookup F4
Formatting • Be sure you know how to • Change the color in a cell or range of cells • Change the number format in a column to dollars and cents • Change the number in a cell to percent • Change justification to center for a cell, range of cells or an entire column