Excel Notes

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The flashcards below were created by user rbussell07 on FreezingBlue Flashcards.

3-D Reference
- -combines sheet reference and cell reference
- -example: SUM(sheet1:sheet3!B1:B3) adds all the values from B1 to B3 in all the sheets from sheet 1 to sheet 3.
Relative reference

when the "fill handle" is dragged and formulas change automatically adjusting for the new position.
Absolute reference

when the "fill handle" is dragged the same cell reference is kept where a "$" is added.
Pivot Table

an interactive table enabling you to quickly group and summarize large amounts of data
Loan Payment Formula

Payment=(i + [ i/ [(1+i)^{loan term}]-1]) x loan amount
Payment Function
- -given yearly interest rate and yearly loan term
- PMT=(r/12, loan term x 12, -loan amt)
VLOOKUP

looks for a value from a given cell in the leftmost column of a table and then returns a value in the same row from the column you specify
IF

logical function which checks to see if a condition is met, and returns one value if TRUE, and another if FALSE.