Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Excel 2019 skills approach ch 3 challenge yourself 3.3

29/12/2020 Client: saad24vbs Deadline: 10 Days

A Skills Approach: Excel 2016 Chapter 3: Using Formulas and Functions


1 | Page Challenge Yourself 3.3 Last Updated 3/19/18


Challenge Yourself 3.3 In this project you will complete a vehicle shopping workbook to compare the purchase of several vehicles. After completing the project, you can make a copy of the file and use it to compare vehicle purchases you are considering for yourself. Be sure to save your work often!


Skills needed to complete this project: • Naming Ranges of Cells


• Calculating Averages


• Finding Data Using the VLOOKUP Function


• Working with Named Ranges


• Using the Function Arguments Dialog to Enter Functions


• Using the Logical Function IF


• Calculating Loan Payments Using the PMT Function


• Creating Formulas Referencing Data from Other Worksheets


• Displaying and Printing Formulas


• Finding Errors Using Trace Precedents and Trace Dependents


• Finding Minimum and Maximum Values


• Using Formula AutoComplete to Enter Functions


• Updating Named Ranges with the Name Manager


• Editing and Deleting Names with the Name Manager


• Checking Formulas for Errors


1. Open the start file EX2016-ChallengeYourself-3-3. The file will be renamed automatically to include your


name. Change the project file name if directed to do so by your instructor, and save it.


2. If the workbook opens in Protected View, click the Enable Editing button in the Message Bar at the


top of the workbook so you can modify it.


3. The registration fee information in cells B11:C17 on the Data sheet will be used in lookup formulas later in


this project. Name the range RegistrationFees to make it easier to use later.


4. Return to the Purchase worksheet.


5. Calculate the average MPG for each vehicle.


a. Enter a formula in cell C10 using the AVERAGE function to calculate the average value of C8:C9.


Use only one argument.


b. Copy the formula to the appropriate cells for the other vehicles.


c. Excel will detect a possible error with these formulas. Use the SmartTag to ignore the error. Hint: Use


the SmartTag while cells C10:F10 are selected and the error will be ignored for all the selected cells.


6. Calculate the registration fee for each vehicle.


a. Enter a formula in cell C13 to look up the registration fee for the first vehicle. Use the vehicle type in


cell C4 as the Lookup_value argument. Use the RegistrationFees named range as the Table_array


argument. The registration fees are located in column 2 of the data table. Require an exact match.


b. Copy the formula to the appropriate cells for the other vehicles.


Step 1


Download start file


A Skills Approach: Excel 2016 Chapter 3: Using Formulas and Functions


2 | Page Challenge Yourself 3.3 Last Updated 3/19/18


7. Determine whether or not you will need a loan for each potential purchase.


a. In cell C15, enter a formula using an IF function to determine if you need a loan. Your available cash is


located on the Data sheet in cell A3. If the price of the car is less than or equal to your available cash,


display "no". If the price of the car is more than your available, cash, display "yes". Use absolute


references where appropriate—you will be copying this formula across the row.


b. Copy the formula to the appropriate cells for the other vehicles.


8. Calculate how much you would need to borrow for each purchase.


a. In cell C16, enter a formula to calculate the price of the vehicle minus your available cash (from cell A3


in the Data worksheet). Use absolute references where appropriate—you will be copying this formula


across the row.


b. Copy the formula to the appropriate cells for the other vehicles.


9. Calculate the monthly payment amount for each loan.


a. In cell C20, enter a formula using the PMT function to calculate the monthly loan payment for the


first vehicle.


• Hint: Divide the interest rate by 12 in the Rate argument to reflect monthly payments.


• Hint: Multiply the number of years by 12 in the Nper argument to reflect the number of monthly


payments during the life of the loan.


• Hint: Use a negative value for the loan amount in the Pv argument so the payment amount is expressed


as a positive number.


b. Copy the formula to the appropriate cells for the other vehicles.


10. Compute the monthly cost of gas.


a. In cell C21, enter a formula to calculate the number of miles you expect to drive each month. Divide


the value of number of miles (cell A5 from the Data sheet) by the average MPG for the vehicle


multiplied by the price of a gallon of gas (cell A6 from the Data sheet).


b. Copy the formula to the appropriate cells for the other vehicles.


c. If cells D21:F21 display an error or a value of 0, display formulas and check for errors.


d. If you still can't find the error, try displaying the precedent arrows.


e. Hint: The references to the cells on the Data sheet should use absolute references. If they do not, the


formula will update incorrectly when you copy it across the row.


11. Compute the monthly cost of maintenance.


a. In cell C22, enter a formula to calculate the monthly maintenance cost: Divide cell C12 by 12.


b. Copy the formula to the appropriate cells for the other vehicles.


12. Compute the monthly cost of insurance.


a. In cell C23, enter a formula to calculate the monthly insurance cost: Divide cell C14 by12.


b. Copy the formula to the appropriate cells for the other vehicles.


A Skills Approach: Excel 2016 Chapter 3: Using Formulas and Functions


3 | Page Challenge Yourself 3.3 Last Updated 3/19/18


13. In cells C24:F24, compute the total the monthly cost for each vehicle.


14. Determine which vehicles are affordable.


a. In cell C26, enter a formula using the IF function to display "yes" if the total monthly cost (cell C24)


is less than or equal to the total monthly amount available for vehicle expenses (Data sheet, cell A4).


Display "no" if the total monthly cost is not less than or equal to the total monthly amount available.


b. Copy the formula to the appropriate cells for the other vehicles.


c. Display formulas and use the error checking skills learned in this lesson to track down and fix


any errors.


15. Complete the Analysis section using formulas with statistical functions. Use named ranges instead of cell


references in the formulas. Calculate the average, highest, and lowest values for each of the following:


a. Price


b. MPG City


c. MPG Highway


d. Average MPG


e. Maintenance/Year


f. Registration Fee


g. Insurance/Year


h. Amount to Borrow


i. APR


j. Years


k. Loan Payment


l. Gas


m. Maintenance/Month


n. Insurance/Month


o. Total Monthly


Hints:


• Select cells B7:F24 and use Excel’s Create from Selection command to create named ranges for each


row using the labels at the left side of the range as the names.


• Open the Name Manager and review the names Excel created. Notice that any spaces or special


characters in the label names are converted to _ characters in the names.


• To avoid typos as you create each formula, try using Formula AutoComplete to select the correct


range name.


16. Before finishing the project, check the worksheet for errors.


17. Save and close the workbook.


18. Upload and save your project file.


19. Submit project for grading.


Step 2


Upload & Save


Step 3 Grade my Project


Applied Sciences

Architecture and Design

Biology

Business & Finance

Chemistry

Computer Science

Geography

Geology

Education

Engineering

English

Environmental science

Spanish

Government

History

Human Resource Management

Information Systems

Law

Literature

Mathematics

Nursing

Physics

Political Science

Psychology

Reading

Science

Social Science

Home

Blog

Archive

Contact

google+twitterfacebook

Copyright © 2019 HomeworkMarket.com

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Helping Hand
University Coursework Help
Top Essay Tutor
Homework Guru
Writer Writer Name Offer Chat
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$60 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$62 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$65 Chat With Writer
Homework Guru

ONLINE

Homework Guru

Hi dear, I am ready to do your homework in a reasonable price and in a timely manner.

$62 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Citrix adc end of life - Organizational structure - Tcd ie my zone - Stand a bottle carnival game - Was it necessary to re formulate new coke - Manual tissue processing procedure - Metsec lattice beams brochure - The trait approach is criticized for its failure to take __________ into consideration. - Fuel tank vents da40 - Et2324iut-c2 - Http medievaleurope mrdonn org - A risky asset can have a ____ beta. - Fractional indices to surds - Maternal spiritually ree - Cardiac output questions and answers - Business Strategies - Dr kathy bailey paediatric rheumatologist - Write a 2-3 page (that means a minimum of 2 full pages and no longer than 3 full pages) paper (in APA format) - SS 2800 MOD 1 Issue Analysis 2 - The technical designer focuses on how data should be stored in a decision support system (dss). - Solver interior paint colour chart - The flowers by alice walker theme - Tensile coupon test specimen - Policy Analysis Memorandum - Mcdonalds internal and external environment - Rmit public transport concession - Toyota weaknesses 2018 - Serato scratch live manual - Reflection - Why nice guys finish last julia serano pdf - Enterprise Risk Management - Cell specialisation definition biology - Bethany is 42 and has cervical cancer - Google pinyin input windows 7 - How to identify circular reference in excel 2010 - Mass media multiple choice questions - Agile test strategy ppt - I need help with answering a Business Law discussion question - DISCUSSION - Hot tottie recipe with jack daniels - Organize - Assonance in jfk inaugural address - Class3wk2obj2 - WATCH A VIDEO - East tennessee state university employment - Words with letters lovei - Institute of residential property management - Aimé césaire une tempête pdf - Why did the math teacher open a window company - Nagoya mag 79el 3w - The power of habit summary chapter 2 - Building Innovation into the Outsourcing Relationship: A Case Study - Research paper - Macbeth reading comprehension pdf - Elk grove pd lip sync challenge - Crystal glassware company has the following standards and flexible-budget data. - 3/2 - Precipitation in the grasslands - COM - How to get your homework answers - How strong are the competitive forces confronting lululemon - Siegfried kracauer basic concepts - Speech about mental health awareness - A statistical method for identifying cost behavior is the: - Project management at arnold palmer hospital case study - What is the relative atomic mass of thallium - A metrical foot in poetry - WK3 DISCU 6053 - Oscar pistorius top speed - What is dcpip solution - Fractional distillation bbc bitesize - Research paper - MBA 570 - DISCUSSION $7 - Discussion - Mja lessons from practice - The expected value for a binomial probability distribution is - Project outcomes report example - Underground pipe installation method statement - DATA Handling in the Hotel Management system - Negotiation skills examples in nursing - Stone soup script free - The developing person through the lifespan test bank - Historical Analysis and Analysis of Relevant Criminological Theories - Advantages and disadvantages of deregulation - Blue collar brilliance they say i say - Royal mail maternity guidelines - Separation of a mixture lab answer key - Www northampton ac uk - Incidents in the life of a slave girl aunt martha - CHAPLAIN’S ADVICE - Po box 4 gloucester - How to calculate vlsm addressing scheme - Unit 4 lesson 23 andrea's software business answers - Craigholme sports complex glasgow - Essentials of business communication 11th edition download - Module 2_DisasterRecovery - The graveyard book chapter 4 questions and answers - What is grid reference - 2 pages - Picot statement paper nrs 490