Ok I\'m stuck on these two questions I have a screen shot of my excel. I attache
ID: 365749 • Letter: O
Question
Ok I'm stuck on these two questions I have a screen shot of my excel. I attached the two formulas below I need to create that I'm stuck on
1). Enter a formula into cell D4 on the Savings worksheet. Your formula should add to the savings balance in cell D2 the result of subtracting the spending value in cell C4 from the net income value in cell B4.
2). Enter a formula into cell D5 on the Savings worksheet. Your formula should add to the output in cell D4 the result of subtracting the spending value in cell C5 from the net income value in cell B5. Copy this formula and paste it into the range D6:D15 using the Paste Formulas command.
Savings Analysis Beginning Savings Balance $1,500 3 Month 4 Jan 5 Feb 6 Mar Net IncomelSpendin Savings 8 Ma 9 Jun 10 Jul 11 Au 12 13 Oct 14 Nov 15 Dec 16 $3,000$3,000 $3,000$2,000 $3,000$4,000 $3,000$3,000 $3,000$3,150 $3,000$3,300 $3,000$3,250 $3,000$2,700 $3,000$3,100 $3,000$3,350 $3,000$3,450 $3,000$3,700Explanation / Answer
Savings Analysis
Beginning Savings Balance
$ 1,500
Month
Net income
Spending
Savings
Jan
$ 3,000
$ 3,000
$ 1,500
=D2+(B4-C4)
Feb
$ 3,000
$ 2,000
$ 2,500
=D4+(B5-C5)
Mar
$ 3,000
$ 4,000
$ 1,500
Apr
$ 3,000
$ 3,000
$ 1,500
May
$ 3,000
$ 3,150
$ 1,350
Jun
$ 3,000
$ 3,300
$ 1,050
Jul
$ 3,000
$ 3,250
$ 800
Aug
$ 3,000
$ 2,700
$ 1,100
Sep
$ 3,000
$ 3,100
$ 1,000
Oct
$ 3,000
$ 3,350
$ 650
Nov
$ 3,000
$ 3,450
$ 200
Dec
$ 3,000
$ 3,700
$ (500)
Savings Analysis
Beginning Savings Balance
$ 1,500
Month
Net income
Spending
Savings
Jan
$ 3,000
$ 3,000
$ 1,500
=D2+(B4-C4)
Feb
$ 3,000
$ 2,000
$ 2,500
=D4+(B5-C5)
Mar
$ 3,000
$ 4,000
$ 1,500
Apr
$ 3,000
$ 3,000
$ 1,500
May
$ 3,000
$ 3,150
$ 1,350
Jun
$ 3,000
$ 3,300
$ 1,050
Jul
$ 3,000
$ 3,250
$ 800
Aug
$ 3,000
$ 2,700
$ 1,100
Sep
$ 3,000
$ 3,100
$ 1,000
Oct
$ 3,000
$ 3,350
$ 650
Nov
$ 3,000
$ 3,450
$ 200
Dec
$ 3,000
$ 3,700
$ (500)
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