The PMT function calculates monthly payments based on the loan amount, interest rate, and length of time it takes to pay back the money. The syntax for the PMT function is PMT(interest rate per period, number of payments, loan amount). For example, to find the monthly interest on a $10,000, three-year loan at 9% (.09) interest, the PMT formula would be: =PMT(.09/12,3*12,10000). If you use the insert function button on the toolbar, a dialog box opens, showing each part of the formula and how to enter it: * .09/12 is the interest rate per period (the monthly interest rate equals the annual interest rate divided by 12 months). * 3*12 is the total number of payments (the number of years of the loan multiplied by 12 months). * 10,000 is the loan amount.

If you don’t know a function, then click on the insert function icon by the formula bar above the column headings to open the Insert Function dialog box and type in the Search for function box the type of function you want to use.

1. Open the moto.xls worksheet and then use the payment function to calculate the monthly payment. 2. In cell D3, enter the formula containing the PMT function for a three-year loan: =pmt(c3/12,3*12,b3)—the monthly payment should be ($321.85). The parentheses indicate a negative number or in this case a payment.

3. If the amount in cell D3 is correct, replicate the formula through cell D7 ($409.07, $353.55, $256.30, $407.04).

4. Save your work.
5. Go to the next section on Using the IF Function.

...describe management in terms of its four functions. These functions are identified as planning, organizing, leading, and controlling. How well managers perform these key functions determines whether a business is successful.
Planning, in its simplest form, is establishing organizational goals and objectives and deciding how to accomplish them. It is the primary function, often referred as the "first" management function...

...Running head: Functions of Management
Functions of Management
Joan A. Mendiola
MGT330 – Management, Theory, Practice and Application
Milton Wingert
June 20, 2011...

...Transfer Function
General with order, linear, time invariant differential equation
an dn(t)dtn+ an-1 dn-1c(t)dtn-1+…a0ct= bmdmrtdtm+bm-1dm-1rtdtm-1+…b0r(t)
Where: c (t) is the output
r (t) I is the input
By taking the Laplace transform of both sides
ansn cs+ an-1sn-1 cs+…a0cs+initial condition involving c(t)
=bmsmRt+bm-1sm-1Rt+…b0Rs+initial condition involving r(t)
If we assume that all initial condition are zero
ansn+...

...Graphs and Function
What is the relation between the graphs and function and how was it applied in the real world?
Graphs are frequently used in national magazines and newspaper to present information about things such as the world’s busiest airports (O’Hare in China is first, Heathrow in London is sixth), about the advertising-dollar receivers in the United States (newspaper are first, radio is fourth) and about NCAA men’s golf team title winner (Yael...

...business will carry out each functions but not every business will have a separate deparment that is responsible for each function. All businesses need to be well organized to achieve their aims and objectives. Certain tasks, or functions, must be done regularly and these are usually grouped into specific types of activities. All businesses will carry out each of these functions but not every business will have separate deparment that is...

...
Functions of Management Paper
Carlos Mendoza
MGT/330
Functions of Management Paper
Management is a strong title to have when running an operation that requires a lot of responsibilities from a certain group or individual. Every organization, regardless of size, has developed and implemented its own management concepts in order for it to run smoothly and accomplish the vision, goals and objectives that it set forth (Rane 2007)....

...CHAPTER 4 : FUNCTIONS AND THEIR GRAPHS
4.1 Definition of Function
A function from one set X to another set Y is a rule that assigns each element in X to one element in Y.
4.1.1 Notation
If f denotes a function from X to Y, we write
4.1.2 Domain and range
X is known as the domain of f and Y the range of f. (Note that domain and range are sets.)
4.1.3 Object and image
If and , then x and y are known respectively as the...

...Four Functions of Management
Jennifer Tsouloufas
MGT / 230 Management Theory and Practice
January 14, 2013
Mark Hardee
Abstract
This paper will attempt to define and describe the four functions of management, planning, organizing, leading, and controlling. It will also relate each function to observations within the organization that I work.
Planning
“Management in the process of working with people and resources to accomplish...

797 Words |
3 Pages

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