# Quick Check Questions 3.2 Business 43B

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Quick Check Questions 3.2 Business 43B
1. How do you use AutoFill to copy a set of cell values, but not the formatting? Drag the fill handle over the selected range, click the Auto Fill Options button, and then click Fill Without Formatting. 2. If the first three selected values in a series are 3,6,9, what are the next three values that will be inserted using AutoFill? 12, 15, 18 Business 43B

Quick Check Questions 3.2 (cont.)
3. If cell P5 contains the text “Mon,” and then you select the cell and drag the fill handle over the range P6:P8, what text will be entered into those cells? The text “Tue” appears in cell P6, the text “Wed” appears in cell P7, and the text “Thu” appear in cell P8. 4. If cell Q3 is greater than cell Q4, you want to display OK; otherwise, you want to display “RETRY”. Write the formula that accomplishes this. =IF(Q3>Q4, “OK”, “RETRY”) Business 43B

Quick Check Questions 3.2 (cont.)
5. Write the formula to display the current date. =TODAY() 6. Write the formula to display the current date and time. =NOW() Business 43B

Quick Check Questions 3.2 (cont.)
7. You want to take out a loan for \$130,000. The interest on the loan is 5 percent compounded monthly. You intend to pay back the loan in 20 years. Write the formula to calculate the monthly payment to pay off the loan under those conditions. =PMT(0.05/12, 12*20, ) 8. What financial function do you use to determine how many payment periods are required to pay off a loan. NPER Business 43B