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Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-1 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS.

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Presentation on theme: "Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-1 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS."— Presentation transcript:

1 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-1 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Microsoft Excel 2007 – Level 2 ADVANCED FUNCTIONS AND FORMULAS

2 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-2 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Performance Objectives Use named ranges in formulas Use functions COUNTA, COUNTIF, COUNTIFS Use functions AVERAGEIF, AVERAGEIFS Use functions SUMIF, SUMIFS Delete a range name Look up data using the lookup functions VLOOKUP and HLOOKUP Analyze financial data using PPMT, PV and NPV Use conditional logic functions IF, AND, OR, NOT, and IFERROR Modify text using the text functions PROPER, UPPER, LOWER and SUBSTITUTE

3 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-3 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Naming a Range Assigning a name to a range of cells allows you to reference a range of cells by a descriptive label A name should describe the range of cells for example, January_Sales Names can be a combination of letters, numbers, underscore characters or periods up to 255 characters The first character must be a letter, an underscore or a backslash (\) Spaces are not allowed, use underscore character or period to separate the words A valid cell address cannot become a range name Range names are not case sensitive

4 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-4 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Naming a Range…/2 Select the cell or range of cells to be named Click the Name box, type the name, and press Enter OR Click Type name and Click OK

5 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-5 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using a Named Range in a Formula Range names can be used in formulas instead of the references to the cells Using a range name in a formula makes the formula easier to understand

6 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-6 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Understanding Functions A function is a built-in formula Functions perform complex mathematical, financial, data-manipulation, and logical operations Functions include: 1.The name of the function 2.One or more arguments - (the data needed to perform the calculations or data manipulations, enclosed in parentheses) 3.No spacebars unless part of a text string 4.Text strings must be enclosed in quotations =function(argument1, argument2, etc.)

7 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-7 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Entering a Function OR Functions can be keyed directly into a cell Functions can be entered using the Insert Function button on the formula bar OR Click and choose the desired formula

8 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-8 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Insert Function Dialog Box Search for a function by typing a query OR Select a category and click the function A description of the currently selected function is displayed

9 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-9 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Function Arguments Dialog Box Entering arguments for the function … If an argument name is bold, data must be entered in its box The result of the formula will display Click to select cells in the worksheet Function Arguments return box appears and is filled in as you select cells Click to return Click for Help

10 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-10 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Statistical Functions Excel's statistical functions are used on ranges of data

11 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-11 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNT and COUNTA Functions Counts the number of cells containing text or a combination of text and numbers in a given range =COUNTA(range) Counts the number of cells containing numbers in a given range =COUNT(range)

12 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-12 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNT Function Make desired cell for result active Click Insert Function button Change category to Statistical Select ‘COUNT’, Click OK

13 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-13 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNTA Function Make desired cell for result active Click Insert Function button Change category to Statistical Select COUNTA, Click OK

14 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-14 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary COUNT and COUNTA Functions.../2 =COUNTA(D8:D24) returns the correct result 17 =COUNT(D8:D24) returns the incorrect result 0

15 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-15 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNTIF Function Counts the number of cells in a given range that meet a specific condition =COUNTIF(range,criteria) The range of cells to be counted The condition that must be met in order for that cell to be counted can be a number, an expression, or text

16 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-16 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNTIF Function…/2 Make desired cell active Click Insert Function button Change category to Statistical Select COUNTIF, Click OK

17 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-17 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNTIF Function…/3 Found 4 cells in the range A6:A20 that contained the word ‘Pathfinder’ Enter range name or address Type criteria Click OK

18 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-18 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNTIFS Function Counts the number of cells in a given range that meet multiple criteria =COUNTIFS(range1,criteria1, range2,criteria2 ) The range of cells to be counted The conditions that must be met

19 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-19 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the COUNTIFS Function…/2 COUNTIFS formula Multiple ranges and criteria to count Result of formula

20 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-20 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using AVERAGEIF and AVERAGEIFS Functions Finds the Average within a specified range that meets a single criterion =AVERAGEIF(range, criteria,average_range) Finds the Average of cells with multiple criteria =AVERAGEIFS(average_range1, criteria1,average_range, range2,criteria2,average_range ) First range of cells to be tested Conditions that must be met First Range containing values to be averaged Second set of arguments

21 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-21 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the AVERAGEIF Function Make desired cell active Click Insert Function button Change category to Statistical Select AVERAGEIF Click OK

22 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-22 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the AVERAGEIF Function…/2 Returns the average of those cells that meet the criteria Enter range to be tested Type criteria Click OK Enter range to be averaged

23 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-23 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the AVERAGEIFS Function Make desired cell active Click Insert function button Change category to Statistical Select AVERAGEIFS Click OK

24 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-24 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the AVERAGEIFs Function…/2 Can enter up to 127 ranges and criteria; scroll to enter more Enter range address or range name Enter range to scan and the criteria to meet Click OK Enter next range and condition

25 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-25 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Math and Trig Functions Excel includes many math and trigonometric functions to perform a wide variety of calculations

26 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-26 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the SUMIF Function Calculate the total of only those cells that meet a given condition or criteria = SUMIF(range,criteria,sum_range ) the range of cells to be evaluated the condition or criteria the cell is to meet to be included in the sum - can be a number, an expression, or text the range of cells to sum

27 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-27 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the SUMIF Function…/2 Add only those commissions on sales greater than or equal to $40,000

28 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-28 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the SUMIFS Function Calculate the total of only those cells that meet multiple conditions or criteria = SUMIFS(sum_range, criteria_range1,criteria1, criteria_range2,criteria2, … ) the range of cells to be evaluated the condition or criteria the cell is to meet to be included in the sum the range of cells to sum

29 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-29 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Managing Range Names Click Create a new name Select a name, then click to make changes or delete it

30 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-30 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Lookup and Reference Functions Excel's Lookup and Reference functions provide a way to extract information from a list

31 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-31 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the VLOOKUP Function Search for a value in the leftmost column of a table and return a value from a different column, from the same row as the value found =VLOOKUP(lookup_value, table_array, col_index_num [,range_lookup]) the value to look up in the first column of the table the lookup table or range of information the column number in the table that contains the value to be returned False for an exact match True is default Brackets [ ] indicate an optional argument

32 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-32 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the VLOOKUP Function…/2 Use an absolute reference if you enter a cell address and plan to copy the formula This function scans down the first column for the largest value that is less than or equal to the lookup value Table’s first column must be in ascending order

33 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-33 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the HLOOKUP Function Search for a value in the top row of a table and return a value from a different row, from the same column as the value found =HLOOKUP(lookup_value, table_array, row_index_num [,range_lookup]) the value to look up in the first row of the table the lookup table or range of information the row number in the table that contains the value to be returned False for an exact match Brackets [ ] indicate an optional argument

34 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-34 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the HLOOKUP Function…/2 Same as VLookup, except that the table is set up so the scan is horizontal from left to right Table’s first row must be in ascending order, left to right

35 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-35 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Financial Functions Excel includes many financial functions used for calculating loan details, annuities, and investment analyses

36 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-36 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Arguments Used in Financial Functions Present value – PV - the current value of amounts to be received or paid in the future discounted at some interest rate OR the amount that must be invested today at some interest rate to accumulate to some specified future value Number of periods – NPer - the number of payments that will be made to an investment or loan Payment – PMT - the amount paid or collected for each period Future value – Fv - the value of a loan or investment at the end of all the periods Rate - t he interest rate being charged or paid Type - payments can either be made in arrears (at the end of each period) or in advance

37 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-37 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the PMT Function Calculate the periodic payment of a loan based on constant payments and a constant interest rate =PMT(rate,nper,pv) interest rate per payment period total number of payments to be made present value of the amount borrowed

38 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-38 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the PMT Function…/2 annual rate of interest must be divided by 12 for monthly payments the number of years times 12 months (5 x 12 = 60) cash you pay out is represented by a negative number

39 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-39 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the PPMT Function Calculate that portion of a loan payment used to reduce the principal, based on periodic, constant payments, and a constant interest rate =PPMT(rate,per,nper,pv,fv,type) interest rate per payment period total number of payments to be made present value of the amount borrowed period for which the principal payment is made balance at the end of the loan - usually 0 in arrears or in advance

40 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-40 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the PPMT Function…/2 annual rate of interest must be divided by 12 for monthly payments the number of years times 12 months (5 x 12 = 60) amount of money borrowed period of payment balance at the end of the loan -0 if blank

41 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-41 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary PMT and PPMT Examples Compare two loans … =PMT(C4/12,C5*12,C6) =PPMT(C4/12,1,C5*12,C6) =PMT(E4/12,E5*12,E6) =PPMT(E4/12,1,E5*12,E6)

42 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-42 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the PV Function Calculate the present value that the total of a series of constant future payment amounts is worth today, assuming a constant interest rate over the life of the annuity =PV(rate,nper,pmt,fv,type) interest rate per period total number of payments to be made payment made each period future value in arrears or in advance

43 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-43 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the PV Function…/2 functions may include cell references the Formula bar displays the function as it is being entered

44 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-44 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the NPV Function Calculate the value of an investment today using a discount rate and incorporating a series of cash inflows or outflows related to the investment =NPV(rate,nper,pmt,fv,type) interest rate per period total number of payments to be made payment made each period future value in arrears or in advance

45 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-45 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the NPV Function…/2 the Formula bar displays the function entered

46 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-46 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Logical Functions Excel's logical functions perform logical tests to return a result, based on whether a condition is true or false

47 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-47 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the IF Function Set up a conditional statement to test data =IF(logical_test,value_if_true,value_if_false) condition that can be evaluated as being true or false that returned if the logical test is true that returned if the logical test is false

48 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-48 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the IF Function…/2 You may enter values or cell references calculate commission, based on the Commission code

49 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-49 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary IF Function Operators Comparison Operator No spaces in functions Less than< Greater than> Less than or equal to< = Greater than or equal to> = Equal to= Not equal to All conditions must be TrueAND At least one condition is TrueOR True becomes False, False becomes true NOT

50 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-50 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Examples of IF Functions =if(C6="FT","Salaried","Part-Time") =if(D6>50000,“High",“Low") =if(and(C6=“FT”,D6>50000),“Bonus",“") Simple conditions: Must be both full-time and make over $50,000: =if(or(C6=“FT”,D6>50000),“Bonus",“") May either be full-time or make over $50,000: =if(not(C6=“FT”),“Bonus",“") Must not be full-time: Shows nothing if false

51 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-51 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Using the IFERROR Function Use to trap errors in formulas and return a message or value =IFERROR(value, value_if_error) value, cell reference, or formula message to display, value, cell reference, or formula =IFERROR(A2/B2, "Error in calculation") If A2 or B2 contain invalid numbers, message will display

52 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-52 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Text Functions Excel's text functions can be used to format or modify text

53 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-53 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Text Functions =proper(“annual report”) =proper(A3) =upper(“annual report”) Capitalize the first letter of each word: Convert text to uppercase: =substitute(A3,”Annual”,”2010”) Insert new text in place of old: C3 shows cell A3’s text, capitalized C3 shows Annual Report C3 shows ANNUAL REPORT =lower(“ANNUAL REPORT”) Convert text to lowercase: C3 shows annual report cell A3 contains Annual Report A3 contains text, each example typed into C3 C3 shows 2010 Report

54 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-54 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary How do you name a range? select the cell or range of cells to be named click the Name box, type the name, and press Enter Features Summary

55 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-55 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary OR Type the function directly into the cell, starting with the equal sign = Use the Insert Function button on the formula bar OR How do you enter a function into a cell? Click and choose the desired formula

56 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-56 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary How do you change a range name? Click the Name Manager button in the Formulas tab Features Summary

57 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-57 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary What is the difference between the functions COUNT, COUNTA, COUNTIF, and COUNTIFS? COUNT counts cells that contain numbers COUNTA counts cells with either text or numbers COUNTIF counts cells in a range, based on a single condition COUNTIFS counts cells in a range, based on multiple conditions Features Summary

58 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-58 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary How must you set up a table of lookup values for the VLOOKUP function ? Leftmost column must contain values in ascending order, top to bottom It is advisable to create a range name for the table to simplify entering the arguments for the function Features Summary

59 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-59 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary How must you set up a table of lookup values for the HLOOKUP function ? Top row must contain values in ascending order, left to right It is advisable to create a range name for the table to simplify entering the arguments for the function Features Summary

60 Copyright 2007, Paradigm Publishing Inc. EXCEL 2007 Chapter 2 BACKNEXTEND 2-60 LINKS TO OBJECTIVES Naming Ranges Functions COUNT, COUNTA, COUNTIF, COUNTIFS COUNT, COUNTA, COUNTIF, COUNTIFS AVERAGEIF, AVERAGEIFS AVERAGEIF, AVERAGEIFS SUMIF, SUMIFS Managing Range Names Managing Range Names Lookup Functions PPMT, PV, NPV Logical Functions PROPER, UPPER, LOWER, SUBSTITUTE PROPER, UPPER, LOWER, SUBSTITUTE Features Summary Coming Next WORKING WITH TABLES AND DATA FEATURES

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