Intro to Excel - Session 7.2 1

Tutorial 7 - Session 7.2

Developing an Excel Application

Intro to Excel - Session 7.2 2

Session 7.2 Objectives

• Use the Excel AutoFill feature• Discuss Excel financial functions• Use the Excel FV function• Protect worksheet cells

Intro to Excel - Session 7.2 3

What is a Series?

• Related information in adjacent cells

• Examples:– Sunday, Monday, Tuesday, Wednesday, …– January, February, March, April, May, …– 10, 20, 30, ...

Intro to Excel - Session 7.2 4

Creating a Series Using AutoFill

• Enter one or two initial values

• Select the range of cells containing the initial values

• Select and drag the fill handle through the rest of the cells

Intro to Excel - Session 7.2 5

Excel Financial Functions

• FV - Future value

• PV - Present value

• PMT - Computes periodic payments

• RATE - Computes rate of return

• DDB - Computes an asset’s depreciation

• IRR - Computes an internal rate of return

Intro to Excel - Session 7.2 6

Using the FV Function

• Format:

FV(rate, nper, pmt)

where– rate is the interest rate per period– nper is the number of periods

– pmt is the payments made each period

Intro to Excel - Session 7.2 7

Protecting Cells in a Worksheet

• In a protected worksheet:– Data in protected cells cannot be changed– Rows cannot be inserted or deleted– Cell formats cannot be modified– Column widths cannot be changed

• Only values in unprotected cells can be changed

Intro to Excel - Session 7.2 8

Unlocking Individual Cells

• By default, every cell has the locked property turned on but the worksheet is not protected

• Implementing cell protection takes two steps:1. Turn off the locks in the cells you want

unprotected2. Activate the protection command

Intro to Excel - Session 7.2 9

Unlocking Cells

• Select the cells you want unprotected

• Select Format Cells,and push theProtection tab

• Uncheck the Lockedcheck box

Intro to Excel - Session 7.2 10

Protecting the Worksheet

• Enforces the lock/unlock property of each cell

• Select Tools Protection Protect Sheet