You have been hired as a loan officer for Gateway Vacation properties, a timeshare company in Southern Florida. As part of your responsibilities, you calculate loan information for customers who purchase timeshares. You will use Excel to calculate down payment, interest rate, and total payment information
Download and open the file named Exp19_Ch02_Assessment_TimeShare.xlsx. Grader has automatically added your last name to the beginning of the filename.
Click cell B2, click the Formulas tab, click Date & Time in the Functions Library group. Select NOW, and then click OK to enter today’s date in the cell.
Click cell D9. On the Formulas tab, click Logical in the Function Library group, and select IF. Type C9<$B$6 in the Logical_test box, type B9*$B$4 in the Value_if_true box, and type B9*$B$5 in the Value_if_false box. Click OK, and use the fill handle to copy the contents of cell D9 down the column. Click Auto Fill Options, and click Fill Without Formatting.
Click cell E9, type =(B9-D9)/B9, and use the fill handle to copy the contents of cell E9 down the column. Click Auto Fill Options, and click Fill Without Formatting.
Click cell F9, type =B9-D9, and and press CTRL+ENTER. Use the fill handle to copy the contents of cell F9 down the column. Click Auto Fill Options, and click Fill Without Formatting.
Click cell G9, click Lookup & Reference in the Function Library group and select VLOOKUP. Type C9 in the Lookup_value box, type $D$4:$E$6 in the Table_array box, and type 2 in the Col_index_num box. Click OK.
With cell G9 selected, use the fill handle to copy the contents of cell G9 down the column, stopping at row 28. Click Auto Fill Options, and click Fill Without Formatting. With the range G9:G28 selected, on the Home tab, in the Number group, click Increase Decimal twice.
Click cell H9, type =G9/12, and press CTRL+ENTER Use the fill handle to copy the contents of cell H9 down the column, stopping at row 28. Click Auto Fill Options, and click Fill Without Formatting. With the range H9:H28 selected, on the Home tab, in the Number group, click Increase Decimal twice.
Click cell J9, type =I9*12, and press CTRL+ENTER. Use the fill handle to copy the contents of cell J9 down the column. Click Auto Fill Options, and click Fill Without Formatting.
Click cell K9. Click the Formulas tab, click Financial, and then click PMT. Type H9 in the rate box, J9 in the NPER box, and type -F9 in the Pv box. Click OK.
Use the fill handle to copy the contents of cell K9 down the column. Click Auto Fill Options, and click Fill Without Formatting.
Click cell K29, press ALT+=, and press ENTER.
Click cell B32, type =COUNT(A9:A28), and press CTRL+ENTER to calculate the total # of loans.
Click cell B33, type =MIN(K9:K28), and press CTRL+ENTER to calculate the lowest monthly payment.
Click cell B34, type =MAX(K9:K28), and press CTRL+ENTER to calculate the highest monthly payment.
Click cell B35, type =AVERAGE(K9:K28), and press CTRL+ENTER to calculate the average monthly payment.
Click cell B36, type =MEDIAN(K9:K28), and press CTRL+ENTER to calculate the median monthly payment.
Create a footer with your name on the left side, the sheet name code in the center, and the file name on the right side.
Save and close Exp19_Excel_CH02_Assessment_Timeshare.xlsx. Exit Excel and submit as directed.
APA General Format
GENERAL APA GUIDELINES
Your essay should be typed and double-spaced on standard-sized paper (8.5″ x 11″), with 1″ margins on all sides. Include a page header (also known as the running head) at the top of every page. For a professional paper, this includes your paper title and the page number. For a student paper, this only includes the page number. To create a page header/running head, insert page numbers flush right. Then type “TITLE OF YOUR PAPER” in the header flush left using all capital letters. The running head is a shortened version of your paper’s title and cannot exceed 50 characters including spacing and punctuation.
The 7th edition of the APA Publication Manual requires that the chosen font be accessible (i.e., legible) to all readers and that it be used consistently throughout the paper. It acknowledges that many font choices are legitimate, and it advises writers to check with their publishers, instructors, or institutions for guidance in cases of uncertainty.
While the APA Manual does not specify a single font or set of fonts for professional writing, it does recommend a few fonts that are widely available. These include sans serif fonts such as 11-point Calibri, 11-point Arial, and 10-point Lucida Sans Unicode as well as serif fonts such as 12-point Times New Roman, 11-point Georgia, 10-point Computer Modern.
Major Paper Sections
Your essay should include four major sections: the Title Page, Abstract, Main Body, and References.
Note: APA 7 provides slightly different directions for formatting the title pages of professional papers (e.g., those intended for scholarly publication) and student papers (e.g., those turned in for credit in a high school or college course).
The title page should contain the title of the paper, the author’s name, and the institutional affiliation. A professional paper should also include the author note. A student paper should also include the course number and name, instructor name, and assignment due date.
Type your title in upper and lowercase letters centered in the upper half of the page. The title should be centered and written in boldface. APA recommends that your title be focused and succinct and that it should not contain abbreviations or words that serve no purpose. Your title may take up one or two lines. All text on the title page, and throughout your paper, should be double-spaced.
Beneath the title, type the author’s name: first name, middle initial(s), and last name. Do not use titles (Dr.) or degrees (PhD).
Beneath the author’s name, type the institutional affiliation, which should indicate the location where the author(s) conducted the research.
A professional paper should include the author note beneath the institutional affiliation, in the bottom half of the title page. This should be divided up into several paragraphs, with any paragraphs that are not relevant omitted. The first paragraph should include the authors name, the symbol for the ORCID iD, and the URL for the ORCID iD. Any authors who do not have an ORCID iD should be omitted. The second paragraph should show any change in affiliation or any deaths of the authors. The third paragraph should include any disclosures or acknowledgements, such as study registration, open practices and data sharing, disclosure of related reports and conflicts of interest, and acknowledgement of financial support and other assistance. The fourth paragraph should include contact information for the corresponding author.
A student paper should not include an author note.
Note again that page headers/page numbers (described above for professional and student papers) also appear at the top of the title page. In other words, a professional paper’s title page will include the title of the paper flush left in all capitals and the page number flush right, while a student paper will only contain the page number flush right.
Student APA title page
Title page for a student paper in APA 7 style.
Professional paper APA title page
Title page for a professional paper in APA 7 style.
Begin a new page. Your abstract page should already include the page header (described above). On the first line of the abstract page, center and bold the word Abstract (no italics, underlining, or quotation marks).
Beginning with the next line, write a concise summary of the key points of your research. (Do not indent.) Your abstract should contain at least your research topic, research questions, participants, methods, results, data analysis, and conclusions. You may also include possible implications of your research and future work you see connected with your findings. Your abstract should be a single paragraph, double-spaced. Your abstract should typically be no more than 250 words.
You may also want to list keywords from your paper in your abstract. To do this, indent as you would if you were starting a new paragraph, type Keywords: (italicized), and then list your keywords. Listing your keywords will help researchers find your work in databases.
Abstracts are common in scholarly journal articles and are not typically required for student papers unless advised by an instructor. If you are unsure whether or not your work requires an abstract, consult your instructor for further guidance.
APA Abstract Page
Abstract page for a student paper in APA 7 style.
Please see our Sample APA Paper resource to see an example of an APA paper. You may also visit our Additional Resources page for more examples of APA papers.
How to Cite the Purdue OWL in APA
The page template for the new OWL site does not include contributors’ names or the page’s last edited date. However, select pages still include this information.
In the absence of contributor/edit date information, treat the page as a source with a group author and use the abbreviation “n.d.” for “no date”:
Purdue Online Writing Lab. (n.d.). Title of resource. Purdue Online Writing Lab. http://Web address for OWL resource
Purdue Online Writing Lab. (n.d.). General Writing FAQs. Purdue Online Writing Lab. https://owl.purdue.edu/owl/general_writing/general_writing_faqs.html
The generic APA citation for OWL pages, which includes author/edit date information, is this:
Contributors’ names. (Last edited date). Title of resource. Site Name. http://Web address for OWL resource