Using Financial Functions and What-If Analysis in Excel 2013

Overview/Description
Excel 2013 provides powerful financial functions and data-analysis tools that enable you to explore data and to make educated business decisions based on that data. Using financial functions, iterative calculations, and the Watch Window can help you make the make better financial decisions and ensure the calculations are accurate. This course will cover What-if Analysis which enables you to retrieve required results from formulas by determining the data the formula requires, forecast worksheet outcome models, and to see how changing values in formulas affect the formula results. These tools include Goal Seek, Scenario Manager, and Data Tables. This course will help prepare learners for the Microsoft Certification Exam 77-421: Excel 2013 Expert which certifies individuals as Microsoft Office Specialist (MOS): Excel Expert 2013.

Target Audience
Personnel at all levels of the enterprise; end-users seeking to attain competency in Microsoft Excel 2013; end-users seeking to obtain Microsoft Office Specialist (MOS) certification at Expert level in the use of Microsoft Excel 2013; end-users seeking a basic IT certification

Expected Duration (hours)
1.0

Lesson Objectives

Using Financial Functions and What-If Analysis in Excel 2013

use financial functions in Excel 2013

enable iterative calculations in Excel 2013

decide how to use financial functions in Excel 2013

decide how to allow circular references in Excel 2013

add a watch to a cell in Excel 2013

decide how to watch cells in Excel 2013

use Goal Seek to find the input for a result in Excel 2013

compare scenarios with Scenario Manager in Excel 2013

create a data table in Excel 2013

decide how to use what-if analysis in Excel 2013