Archive for MS Excel

Basics of a Spreadsheet

So let’s get started digging into what makes a spreadsheet work. Spreadsheets are made up of

  • columns
  • rows
  • and their intersections are called cells

In each cell there may be the following types of data

  • text (labels)
  • number data (constants)
  • formulas (mathematical equations that do all the work)

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Spreadsheet

A spreadsheet is the computer equivalent of a paper ledger sheet. It consists of a grid made from columns and rows. It is an environment that can make number manipulation easy and somewhat painless.

The math that goes on behind the scenes on the paper ledger can be overwhelming. If you change the loan amount, you will have to start the math all over again (from scratch). But lets take a closer look at the computer version.

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