Integrating Educational Technology into Teaching (4th Edition)

M. D. Roblyer

University of Maryland University College

Microsoft Excel® Tutorial for

Chapter 4 TIE-into Practice Exercises

Created by William R. Wiencke

Upper Saddle River, New Jersey Columbus, Ohio

A Sample Spreadsheet Tutorial The Technology Integration Example (Money Management with Spreadsheets: Can You Afford Your Dream Car?) at the beginning of Chapter 4 showed how teachers might use a spreadsheet to help students learn consumer concepts. The teacher has to create the spreadsheet that students will use for their learning activities. Using the tutorial below, create a Microsoft Excel® spreadsheet like the example shown here to use for the project.

Required System Settings

1. This tutorial assumes that you have installed Microsoft Excel® on your computer, including all additional fonts and clip art. If you do not have the fonts and clip art used in this tutorial, you can substitute others that you have on your system.

2. Before you begin, be sure

to have the Standard, Formatting, and Drawing Toolbars available. Click View > Toolbars to select these, as shown at the left.

3.0 Title

5.0 Row Labels

6.0 Values

7.0 Formulas

8.0 Shading

9.0 Borders

Follow the steps below to create the spreadsheet shown above: 1. Open Microsoft Excel®

2. Zoom in to better see your work 2.1 Click 200% on

zoom pull-down

3. Create title 3.1 Click in cell

A1 to locate title

3.2 Click Format > Cells

3.4 Set: Font: Andy Font style: Bold Size: 18

3.5 Click OK

3.3 Click Font tab

3.6 Enter title in cell A1

3.7 Click in cell A1 and drag across to cell B2

3.8 Click Merge and Center button

3.9 Click Indigo in font color pull-down

4. Save the spreadsheet

4.1 Click File > Save

4.2 Enter file name 4.3 Click Save

REMINDER: Save your work frequently to prevent data loss

5. Create row labels

5.1 To select the cells to be formatted, click in cell A2 and drag to cell B9

5.2 Click 12 on font size pull-down

5.3 Click in cell A2 and drag to cell B2

5.4 Click Format > Column > Width

5.5 Set Column width to 16

5.6 Enter Car Price in cell A2 and press Enter key

5.7 Enter remaining row titles

6. Enter values

6.2 Click the $ currency style

6.1 Click in cell B2 and drag to cell B4 to highlight area to be formatted

6.3 Click in cell B7 and drag to cell B9 to highlight area to be formatted

6.4 Click the $ currency style

6.5 Enter 20000 in cell B2 and 200 in cell B3.

6.6 Click in cell B5

6.7 Click Percent Style to format cell

6.8 Enter 8 in cell B5

6.9 Click Increase Decimal one click only

6.10 Enter 48 in cell B6

7. Enter formulas

7.1 Enter the formula: =B2-B3 in cell B4. The calculated value will appear after you press the Enter key.

Hint: Begin all formulas with an equal sign. Formulas use cell addresses (e.g., B2 is column B, row 2) instead of actual values (e.g., $20,000.00). Using cell addresses allows the spreadsheet to recalculate the Loan Amount automatically if you change the Car Price or Down Payment.

7.2 Enter the formula: =PMT(B5/12,B6,B4)*-1 in cell B7. The calculated value will appear after you press the Enter key.

Hint: Excel comes with a number of formula functions that help with complex calculations. The formula function PMT is used here to calculate the payment for a loan based on constant payments and interest rate. All formulas must be written in a specific form or syntax. In the case above, the syntax is: PMT(interest rate/number of months in the year, term of loan in months, original loan amount). Cell addresses of the values are used in the formula (see step 6.1 above). Last, since the function produces a negative number, the equation is multiplied by –1, to make it a positive number to be used in the remaining calculations for buying a car. For more information on the PMT and other functions, search for PMT under the Help menu in the top Excel tool bar.

7.3 Enter the formula: =B7*B6 in cell B8.

Hint: Multiply the payment amount (Cell B7) times the length of the loan (Cell B6), to calculate the total amount paid over the length of the loan.

Hint: Subtract the amount of the loan (Cell B4) from the total amount paid (Cell B8) to find the additional money paid for the car because of financing instead of paying cash.

7.4 Enter the formula: = B8-B4 in cell B9

8. Shade the background

8.1 Click in cell A1 and drag to cell B9, highlighting the area to be shaded

8.2 Click on the Fill pull-down and select Turquoise for the background color

9. Adding borders

9.1 Click in cell A1 and drag to cell B9, highlighting the area where the borders are to be drawn

9.2 Click on the Border pull-down and select All Borders

9.3 Click in cell A1 and drag to cell B9, highlighting the area where the outside border is to be drawn

9.4 Click on the Border pull-down and select Thick Box Border

9.5 Click on cell A1

9.6 Click on Borders. Thick Box Border already set from previous step.

10. Change values to show effect on money paid.

10.1 Change the values for the down payment, interest rate, or term to see the effect on costs

11. Print the spreadsheet

11.1 Click Print Preview

11.2 Click Setup

11.4 Set Scaling to 120% on the Page tab

11.3 Click Page tab

11.6 Check Center Page Horizontally on the Margins tab

11.7 Click OK

11.5 Click Margins tab

11.8 Click Print