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 Money Management  Checking Your Skills
 
Instructor's Guide | Participant Guided Exercises | Checking Your Skills
 
 
  • Choose the word or words that best finish the sentence.
  • There are more words than there are sentences.
  • The same word can be used for more than one answer.
  • There may be more than one correct answer.
  •  
    standard series Center Across Columns FV
    rename Insert Paste Function PMT
    Decrease Decimal column heading separator minus sign  
    absolute reference Average Backspace  
     
    1) Excel enters a list of numbers or headings in order. This is called a ______________.
    2) The function that calculates the future value of money over time is ____________________.
    3) The button on the standard toolbar that brings up the list of financial functions is named the ____________________________________________.
    4) When you want a function to always go the same cell for a value, you make that number an ____________________________________________ by adding dollar signs.
    5) If you want to give or change the name of a worksheet, you click on the worksheet tab and _______________________________ it.
    6) If you want a heading to be centered over columns, you click on the ________________________________________________ button in the formatting toolbar.
    7) When you see ####### in a cell that means the value in the cell is too long. You can shorten the number by clicking on the __________________________________ button.
    8) When you pay money out, you show the amount with a ______________________________ in front.
     
     Money Management
     
     Instructions:
     Circle T if the statement is true and F if the statement is false.
    1. The FV function returns the future value of an investment. T F
    2. When you see ##### in a cell that means that your answer is wrong. T F
    3. Press the Ctrl key and the comma to view formulas. T F
    4. Absolute references are shown by placing a $ before the column or row. T F
    5. The PMT function is used to calculate the yearly payment for a loan. T F
    6. The PPMT function calculates the principal paid each period. T F