File Term1 Spreadsheets1
File Term1 Spreadsheets1
File Term1 Spreadsheets1
STEPS:
STEPS:
STEPS:
1. Place the cursor in the formula cell and choose Tools > Goal Seek.
2. On the Goal Seek dialog, the correct cell is already entered in the Formula cell field.
3. Place the cursor in the Variable cell field. In the sheet, click in the cell that contains the value
to be changed, in this example it is B1.
4. Enter the desired result of the formula in the Target value field.
5. Click OK
ACTIVITY : 8
AIM : TO CREATE SCENARIO FOR DIFFERENT VALUES OF PRINCIPAL
THEORY : Scenarios are a tool to test “what-if” questions. Each scenario is named, and can be
edited and formatted separately. You can create and save different groups of values as scenarios and
then switch between these scenarios to view the different results.
STEPS:
1. Select the cells that contain the values that will change between scenarios.
2. Choose Tools > Scenarios.
3. On the Create Scenario dialog, enter a name for the new scenario. It’s best to use a name
that clearly identifies the scenario, not the default name
4. Change the value of Principal to 15000 and again create scenario with another name
5. Scenario with 2 principal values will be created
ACTIVITY : 9
AIM : TO CALCULATE MONEY TO BE INVESTED TO EARN A DEFINED
INTEREST USING A SOLVER
THEORY : Solver amounts to a more elaborate form of Goal Seek. The difference is that the
Solver deals with equations with multiple unknown variables. It is specifically designed to minimize or
maximize the result according to a set of rules that are defined.
STEPS:
You have Rs.10,000 that you want to invest in two mutual funds for one year. Fund X is a low risk
fund with 8% interest rate and Fund Y is a higher risk fund with 12% interest rate. How much money
should be invested in each fund to earn a total interest of Rs1000?
5. Click in the Target cell field. In the sheet, click in the cell that contains the target value. In this
example it is cell B4 containing total interest value.
6. Select Value of and enter 1000 in the field next to it. In this example, the target cell value is
1000 because your target is a total interest earned of $1000. Select Maximum or Minimum if
the target cell value needs to be one of those extremes.
7. Click in the By changing cells field and click on cell C2 in the sheet. In this example, you need
to find the amount invested in Fund X (cell C2).
8. Enter limiting conditions for the variables by selecting the Cell
reference, Operator and Value fields. In this example, the amount invested in Fund X (cell
C2) should not be greater than the total amount available (cell C4) and should not be less
than 0.
9. Click OK. A dialog appears informing you that the Solving successfully finished. Click Keep
Result to enter the result in the cell with the variable value. The result is shown below.
ACTIVITY : 10
AIM : TO AUTOMISE A TASK USING A MACRO
THEORY : A macro is a saved sequence of commands or keystrokes that are stored for later use.
Macros are especially useful to repeat a task the same way over and over again
STEPS:
Macro as a function
3. Use Tools > Macros > Run Macro to open the Macro Selector dialog.
4. Select the library and module in the Library list (left hand side).
5. Select the macro in the Macro name list (right hand side).
6. Click Run to run the macro.