Excel Formulas & Functions III CS101

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1 Excel Formulas & Functions III CS101

2 Topics Covered Use the SUMIF and AVERAGEIF s Use the VLOOKUP Use the PMT/FV Use the CONCATENATE

3 SUMIF Similar to the SUM except that it calculates a sum of values in a range only when related data meet a specific condition instead of calculating the sum of an entire range Syntax: SUMIF(range, criteria, [sum_range]) Range: The range of cells that you want to evaluate by criteria. Criteria: A number, expression, a cell reference, text, or a that defines which cells will be added in the SUMIF Sum_range: The actual cells to add, if you want to add cells other than Range

4 Use SUMIF (1) Use SUMIF Enter the directly Use Insert Function dialog box Enter SUMIF directly Click the cell where you want to enter the Type =SUMIF(range for criteria, criteria, range for sum calculation) Press Enter on your keyboard

5 Use SUMIF (2) Use Insert Function dialog box Click the cell where you want to enter the Click the Insert Function Button f x by the Formula Bar In Insert Function dialog box, type SUMIF in Search for a textbox. Click Go. Click the SUMIF in the search list, and click OK In Function Arguments dialog box, select range for criteria, criteria cell, and range for sum calculation, and then click OK

6 AVERAGEIF Similar to the AVERAGE except that it calculates the mean of values in a range only when related data meet a specific condition instead of calculating the mean of entire range Syntax: AVERAGEIF(range, criteria, [average_range]) Range: The range of cells that you want to evaluate by criteria. Criteria: A number, expression, a cell reference, text, or a that defines which cells will be added in the AVERAGEIF Average_range: The actual cells to average, if you want to average cells other than Range

7 Use AVERAGEIF Use AVERAGEIF Enter the directly Use Insert Function dialog box Enter AVERAGEIF directly Click the cell where you want to enter the Type =AVERAGEIF(range for criteria, criteria, range for average calculation) Press Enter on your keyboard Use Insert Function dialog box (refer to slide 5)

8 VLOOKUP The Value Look Up (VLOOKUP) accepts a value, looks the value up in a vertical lookup table, and returns a result Syntax: VLOOKUP(lookup_val, table_arr, col_index_num, [range_lookup]) Lookup_val: Value to search in table. Table_arr: Table of values Col_index_num: Which column to return information Range_lookup: Used to determine exact (False) or approximate match (True)

9 Use VLOOKUP Use VLOOKUP Enter the directly Use Insert Function dialog box Enter VLOOKUP directly Click the cell where you want to enter the Type =VLOOKUP(lookup value, range containing the lookup value, the column number in the range containing the return value, optionally specify TRUE for approximate match or FALSE for an exact match) Press Enter on your keyboard Use Insert Function dialog box (refer to slide 5)

10 FV Calculates the future value for an investment based on a constant interest rate Syntax: FV(rate, nper, pmt, [pv]) Rate: Interest rate per period. Nper: Total number of payment periods Pmt: The payment made each period. Must be entered as a negative number Pv: Present value. A negative number

11 Use FV Use FV Enter the directly Use Insert Function dialog box Enter FV directly Click the cell where you want to enter the Type =FV(interest rate per period, the total number of payment periods, the payment made each period, -the present value) Press Enter on your keyboard Use Insert Function dialog box (refer to slide 5)

12 CONCATENATE Join two or more text strings into one text string You can combine text in two or more cells into one cell Syntax: CONCATENATE(text1, text2, text3, )

13 Use CONCATENATE Use CONCATENATE Enter the directly Use Insert Function dialog box Enter CONCATENATE directly Click the cell where you want to enter the Type = CONCATENATE(the first text, the second text, ) Press Enter on your keyboard Use Insert Function dialog box (refer to slide 5)

14 PMT Calculates the payment for a loan based on constant payments and a constant interest rate Syntax: PMT(rate, nper, pv) Rate: Interest rate per period. Nper: Total number of payment periods Pv: The payment made each period. Must be entered as a negative number

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