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Excel Ch 4 Vocab

TermDefinition
Amortization schedule show the beginning and ending balances and the amount of payment that is applied to the principal and interest over a period
Data table used to automate data analysis and organize the answers returned by Excel
cell protection ensures that users do not change valued inadvertently that are critical to the worksheet
hiding lets you show only the parts of the workbook that the user needs to see
formula checker examines the formulas in a workbook in a manner similar to the way the spell checker examines a workbook for misspelled words
cell name often is created from column and row titles
global a name assigned to a cell or cell range on one worksheet in a workbook can be used on other sheets in the same workbook to reference the named cell or range
PMT function has three arguments: rate, payment, and loan amount
one-input data table you can vary the value in one cell
two-input data table allows you to vary the valued in two cells but you can apply a two-input data table to only one formula
input values the series of interest rates in column B
PV function returns the present value of an annuity
annuity a series of fixed payments made at the end of each of a fixed number of periods at a fixed interest rate
unprotected cells cells whose values you can change at any time
protected cells cells that you cannot change
password should be created when you want to keep others from changing the worksheet from protected to unprotected
formula checker checks formulas in a worksheet for rule violations
background formula checking excel continually will review the workbook for errors in formulas as you create or manipulate it
Created by: pace_sauce
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