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#Exp22_Excel_Ch07_ML1_RealEstate #ML1_RealEstate #RealEstate.xlsx #Ch07_RealEstate.xlsx #RealEstate #Excel_Ch07_ML1_RealEstate #Exp22 #Excel_Ch07_ML1_RealEstate #Exp22
#Exp22_Excel_Ch07_ML1_RealEstate.xlsx #Ch07 #Ch07_ML1_RealEstate #Ch07 #ML1 #Ch07_RealEstate #Exp22_Excel_Ch07_ML1_RealEstate #Exp22_Excel_Ch07_ML1_RealEstate #Excel_2022_Project #Excel_2019_Project
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#Exp22_Excel_Ch07_ML1_RealEstate.xlsx


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#Exp22_Excel_Ch07_ML1_RealEstate #Exp22_Excel #Exp22_Excel_Chapter07_ML1_RealEstate
#Exp22_Excel_Ch07_ML1_RealEstate.xlsx


Exp22_Excel_Ch07_ML1_RealEstate

Project Description:
You are the office manager for a real estate company. You tracked real estate listings, including city, agent, listing price, sold price, etc. Now you want to complete calculate the number of days each house was on the market before being sold, agent commissions, and bonuses. In addition, you will use conditional functions to calculate summary statistics. For further analysis, you will insert a map chart to indicate the average house selling price by city. Finally, you will create a partial loan amortization table and calculate cumulative interest and principal to show a potential buyer to help the buyer make decisions.


1 Start Excel. Download and open the file named Exp22_Excel_Ch07_ML1_RealEstate.xlsx.
In cell E12 of the Details sheet, insert the SWITCH function to evaluate the agent code in cell D12.
‪@PearsonSolution‬
‪@PearsonSolution‬
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In cell J12, insert the DAYS function to calculate the number of days between the Listing Date and the Sale Date.

In cell K12, insert the IFS function to calculate the agent’s commission based on the agent code and the applicable rates in the range L2:L4. Use relative and mixed references correctly.

In cell L12, insert an IF function with a nested AND function to calculate a bonus. The AND function should ensure both conditions are met: Sold Price divided by the Listing Price is greater than or equal to 100% (cell L7) and the Days on Market are less than or equal to 30 (cell L8). If both conditions are met, the bonus is $1,000 (cell L9). Otherwise, the bonus is $0. Use mixed cell references to the input values in the range L7:L9.

In cell B2, insert the AVERAGEIF function to calculate the average Sold Price for houses in the city of Alpine. Use mixed references for the range; use a relative reference to cell A2.

In cell C2, insert the COUNTIF function to count the number of houses in the city of Alpine. Use mixed references for the range; and use a relative reference to cell A2.
In cell B7, insert the SUMIF function to total the commissions by agent. Use mixed references for the ranges; and use a relative reference to cell A7.
‪@PearsonSolution‬
‪@PearsonSolution‬
‪@PearsonSolution‬
In cell F2, insert the COUNTIFS function in cell F2 to count the number of houses sold by the first agent (cell E2) who was a Dual Agent (DA) (J3) for that house. Use all cell references in the function.

In cell G2, insert the SUMIFS function to sum the selling prices of the houses sold by the first agent (cell E2) who was a Dual Agent (DA) (J3) for that house.

insert the MAXIFS function in cell H2

insert a map chart.
Display the Format Data Series task pane, select the option to display only regions with data, and show all labels. insert the EDATE function to add one month to the date in cell A8.
indent once.

In cell C8, type a reference formula to cell B1.

In cell D8, calculate the interest for the first payment using the IPMT function.
‪@PearsonSolution‬
‪@PearsonSolution‬
‪@PearsonSolution‬
In cell E8, calculate the principal paid for the first payment using the PPMT function. insert the CUMIPMT function
In cell E3, insert the CUMPRINC function
use the RATE financial function
25 Save and close Exp22_Excel_Ch07_ML1_RealEstate.xlsx.









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