Laboratory Exercise in Computer Fundamentals

Create a new blank file and save as Monthly Budget.

Type the following data in the spreadsheet:

In cell A1, type Monthly Budget.

In cell A2, type Rent or Mortgage.
In cell A3, type Car Payment.
In cell A4, type Cable.
In cell A5, type Power.
In cell A6, type Phone.
In cell A7, type Insurance.
In cell A8, type Credit Cards.
In cell A9, type Groceries.
In cell A10, type Gas.
Type your other monthly bills in Column A, cells A11-A14 (if you have any).
Type Total Monthly Expenses in cell A15.
Type Income in cell A16.
Type Savings in cell A17.
Move the word Insurance from cell A7 to A4 and the word Cable from A4 to A7
using the cut, copy, and paste, and drag and drop features
Type January in C1.
Type the corresponding amounts for your monthly expenses and income in
Column C.
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o
o
o
o
o
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o

In cell C2, type your rent/mortgage bill amount.

In cell C3, type your Car Payment amount.
In cell C4, type your Insurance bill amount.
In cell C5, type your Power bill amount.
In cell C6, type your Phone bill amount.
In cell C7, type your Cable bill amount.
In cell C8, type your Credit Card bill amount.
In cell C9, type your Grocery/Food bill estimate.
In cell C10, type your Gas bill estimate.
In cells C11 - C14, type the amount of any additional bills you have listed.

o In cell C16, type your Income.

Add cells C2 through C10 using a handheld calculator, the calculator on your
computer, or pencil and paper.
o If you included additional monthly bills in cells C11 through 14, add cells
C2 through C14 together to get your total monthly expenses.

Type the total you came up with in cell C15.

Type a subtraction formula in C17 that subtracts the amount in C15 from the
amount in C16.

Fill the formula defined in cell C17 to D17 through N17.

Type Percent Saved in A18.

Write a formula in C18 that divides your monthly Savings amount (C17) by
your monthly Income (C16).
Type the following in Row 1:
o February in D1.
o March in E1.
o April in F1.
o May in G1.
o June in H1.
o July in I1.
o August in J1.
o September in K1.
o October in L1.
o November in M1.
o December in N1.
o Total in O1.
Type the amount of your expenses in each cell in Column D (cells 2 through 17),
just like you did with Column C.

Delete the number in C15.

Type a function in cell C15 that adds the range of cells, C2 through C14.

Fill the formula from C15 to D15 through O15.

Type your Income for the month of February in D16.

Type a formula in O17 that adds your savings for the year. Since you have only
entered data for the month of January and February, this amount indicates your
savings for the two months.

Rename Sheet1 to 2005, Sheet2 to 2006 and Sheet3 to 2007.

Insert two worksheets and name them 2008 and 2009.
Move the 2008 and 2009 worksheets so they are immediately following the 2007
sheet.

Use the Grouping feature so that the 2006, 2007, 2008, and 2009 sheets
contain the same information as Column A and Row 1 of the 2005 sheet.
Delete the 2009 sheet.

and save as Monthly Budget.