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Published byMark Fitzgerald Modified over 8 years ago
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Day 4
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Each student will: Change a percent to a decimal Calculate simple interest and ending balance for a given exercise using the formula Principle + Interest = Ending Balance (P + I = EB) Enter Microsoft Excel formulas that calculate Cost of Goods Sold (COGS), markup, and profit margin Use autosum to quickly calculate column totals
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Calculate simple interest on the following: $2,000 @ 7.0% Use the 2 following two-step formula: Principal (P) x Rate (R) = Interest (I) P + I= Ending Balance Use the Six Steps. Show your work and Do not cut corners!
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Simple Interest: Interest on earned on the original amount. Compound Interest: Interest earned on the original amount and the previous interest. Markup: The difference between the cost of an item and the sales price of that item.
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Microsoft Excel Facts: Each “box” is a cell. Each cell can contain numbers, text, formulas, references, functions, and even pictures. Every formulas begins with an equals sign.
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Bell work Save Excel Link to your server “Sales Revenue” “Survey” (if time permits) Change counting activity (if time permits)
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