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)
}
)l
Rate is an interest rate, expressed as a decimal fraction (0.11 for II %, for
example). It must be an N value. The first value in the list is income
required at the end of the first period; the second, income required at the
end of the second period, and so forth.
Example
You are given the opportunity to lease a parking lot for five years for an
$80,000 one time payment. The lot currently generates $15,000 net
operating income annually. Based on research and profit studies, you
expect the income to increase 30% annually.
PI ( )
Returns the value 3.1415928535898, an approximation of the
mathematical constant pi
(n).
Enter
$1 5,000
in cell RIC 1. Enter
RC[-1]* 1.3
in cell R IC2, then copy it
right to the next 3 cells. Name the area "Flow." Now, you can figure the
net present value of the cash flow.
If your opportunity rate is 15%, then NPV (15%, Flow) gives you a net
present value of$82,287.98. Because this is greater than the cost of the
lease, you conclude that it is a worthwhile investment.
IF (OR (grade> 80, final>
=
150), "good work"," ")
good work (if conditions are met)
COS (PI ( ))
-I
Example:
Results:
Example:
Result:
OR (list)
Returns the logical value TRUE if any value in the list is true. Otherwise,
returns FALSE. If the list contains anything but logical values, a
# VALUE!
error appears.
REPT (T,
count)
Returns a text value consisting of count repetitions of T. If count is 0 or
negative,
#VALUE!#
appears. Otherwise, the length of the result is the
length of T multiplied by count.
This function can create bar graphs, or repeating patterns (such as printer's
rules) to separate areas of the spreadsheet.
T
is usually a single character,
but it can be any number of characters. Count must be an N value, which
the operation truncates to an integer.
199
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