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Week 11: Homework

  1. Using your Budget workbook, use as many functions you can to calculate the statistics described.
    Following criteria is minimum, but you should be creative and use as much topics as you learned in this section. For the Budget and Actuals,

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    calculate average and total Income & Expense (2 decimal places)
    calculate the total earnings and total expenses (2 decimal places and appropriate sign)
    display the message “Under Income” or “Over Income” automatically based on above calculation
    find the minimum, maximum expense from the list (2 decimal places)
    display date / time next to the table
    write formula to take input category then finds the associated value
    You are planning to purchase a car that costs $15,000. The dealership is offering you financing for 5 years at 5.5% APR. Calculate the monthly payment for the car. Determine if you can afford to buy the car and display appropriate message automatically.
    Upon completion of the assignments submit via Blackboard for grading.
    (Submit: MyBudget_Chapter_2_LastFirst)
    If you have any questions or concerns, please feel free to reach out to me.

Sheet1

22

74,000.00

1,000.00

2,000.00

2,000.00

2,500.00

2,500.00

31,000.00

3,000.00

2,500.00

2,500.00

2,000.00

11,500.00

5,000.00

31,500.00

0
WENDY REINA
BUDGET
as for 4/april /2

0
particulars budget
Income
income from salary 50,000.00
income from rent 1

5,000.00
income from stocke 3,000.00
incentives 4,000.00
other sources 2,000.00
total income 74,000.00
Expenditure
fixed expences
house rent 1

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1,000.00
groceries 7,500
gas 2,500.00
water and sewage
SATELITE TV
INTERNET
medical and insurance
charity
31,000.00
variable expences
transport
entertaiment
repairs
phone
electrictity 1,500.00
11,500.00
saving
emergency fund
car replacement 10,500.00
investment 10,000.00
educataion fund 6,000.00
31,500.00

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