CSCI 104, Fall 2008, Excel Test

Point values are given by each question.

For this test you will be calculating the effect of interest rate on a Certificate of Deposit (CD).

  1. Download and save This Worksheet
  2. [1 point]
  3. [1 point] Merge cells A2:C2, center the text, place it in heading 3 style.
  4. [1 point] Merge A3:B3, A4:B4, A5:B5, A6:B6. Place the text in each of these cells in heading 4 format.
  5. [1 point] In Cell c6 divide the annual interest rate (cell c4) by the periods per year (c5) to compute the periodic interest rate.
  6. [2 points]
  7. [1 point] Place Period, Balance, and Interest in cells A9:C9
  8. [1 point] Copy these to cells D9:F9, G9:I9 and J9:L9
  9. [1 point] Format the text in cells A9:L9 with heading 4 style.
  10. [ 2 points]
  11. [1 point] In cell B10, place the formula =C3
  12. [1 point] In cell C10, calculate the interest earned for the first period (B10 * periodic interest rate). Use a cell reference so that the formula may be copied safely to cells C11:C25)
  13. [1 point] In cell B11, calculate the new balance (Previous balance plus interest)
  14. [4 points] Copy the formulas to B12:B25 and C11:C25
  15. [1 point] Calculate the balance in Cell E10 from the balance in B25 and the interest in C25.
  16. [5 points] Complete the table (A10:L25)
  17. [2 points] In cell I27, enter Final Value, Merge I27:J27, place the text in cell style accent 2.
  18. [1 point] Put the sum of K25 and L25 in cell K27
  19. [1 point] Center all values (B28:B32), merge cells when necessary, Place B28 in heading 1 style.
  20. [1 point] In Cell D29, calculate the average of all interest values.
  21. [1 point] In Cell D30, calculate the Maximum of all interest values.
  22. [1 point] In Cell D31, calculate the Minimum of all interest values.
  23. [1 point] In Cell D32, calculate the percentage increase from the first interest value to the last.
  24. [ 2 points]
  25. Change to the What If Page sheet.
  26. [1 point] Link cell B3 to cell C3 on the CD Growth Rate sheet.
  27. [2 points] In cells B6:H6, calculate the number of compounding periods by multiplying the number of years (B5:H5) by the periods per year on the CD Growth Rate sheet.
  28. [1 point] Link cells B7:H7 to the periodic rate field on the CD Growth Rate sheet.
  29. [5 points] In cells B11:H11, set the value to 30,000 by changing the value in B10:H10
  30. [1 point] Set B12 by multiplying the value in B10 by the periods per year on the CD Growth Rate sheet. Copy this computation to cells C12:H12
  31. [1 point] Format cells B12:H12 as percentages, show four places to the right of the decimal point.
  32. [5 points] Create a 3D ribbon chart
  33. Save this workbook and email a copy to dbennett@edinboro.edu
  34. Make sure your name is on both worksheets.
  35. Print both worksheets - but read the first point below first.

The first sheet. The second sheet. (B10:H10 and B12:H12 blanked out.]