Noah McClintock

Job Salaries
Using information from http://www.indeed.com/salary - research FIVE different jobs and what their yearly salaries are. Use a formula in Excel to calculate the monthly salary and monthly taxes.
1

Go to indeed.com/salary and search for a career of your choice. Key the job and the annual salary in columns B and C 2 Key a formula in column D to calculate the monthly salary by dividing the annual salary by 12 Key a formula in column E to calculate the income tax. Assume the income tax is 15% of the monthly salary 4 Key a formula in column F to calculate social security tax. Assume social security tax is 6.5% of the monthly salary 5 Key a formula in column G to calculate medicare tax. Assume medicate tax is 1.5% of the monthly salary 6 Key a formula in column H to calculate retirement savings. Assume you are going to save 5% of your monthly salary 7 Key a formula to calculate net monthly pay by subtracting the taxes and retirement savings from monthly salary (Column D minus columns E through H) 8 Format the range C13:I17 as currency with two decimal points
3

Job
1 Computer Programmer 2 Police 3 Firefighter 4 DNR 5 Construction Worker

Salary
$55,000.00 $70,000.00 $37,000.00 $52,000.00 $29,000.00

Monthly Salary
$4,583.33 $5,833.33 $3,083.33 $4,333.33 $2,416.67

Income Tax
15%

Social Security Medicare Tax Tax

6.5% 1.5%

Retirement Savings
5%

Net Monthly Pay

$4,583.33 $5,833.33 $3,083.33 $4,333.33 $2,416.67

$687.50 $875.00 $462.50 $650.00 $362.50

$297.92 $379.17 $200.42 $281.67 $157.08

$68.75 $87.50 $46.25 $65.00 $36.25

$229.17 $291.67 $154.17 $216.67 $120.83

Noah McClintock

Stock Portfolio
Using information from http://finance.yahoo.com - research TEN different stocks and what their current stock prices are. Assume you have $10,000 to invest. Use formulas in Excel to calculate the total investment you would like in each stock and what percent of your total investment each stock makes up. How you want to split up your portfolio is completely up to you!
1 Go to http://finance.yahoo.com and search for TEN companies. Record the company name, ticker symbol and stock price 2 In Column F, key a formula to find out the total investment $ into each stock by multiplying column D and E 3 Fill this formula down from F13 to F22 4 Key a formula in F23 to SUM your total stock investment (F13 through F22) 5 Key numbers into the Quantity column (E) until your total investment is equal to or just under $10,000 6 In Column G, key an absolute formula to calculate the % of the total investment each individual company makes up

(Hint: this formula will include an absolute cell reference which means using $) 7 Key a formula in G23 to SUM your percentages (G13 through G22)

Company
1 Amazon 2 Google 3 Nike 4 Yahoo! Inc. 5 The Coca Cola Company 6 Microsoft Corporation 7 Wells Fargo & Company 8 Fox 9 Samsung Electronics 10 Toshiba Corporation

Stock Ticker Quantity (# Stock Price Symbol of shares)

AMZN GOOG NKE YHOO KO MSFT WFC FOX KS TOSBF $365.69 $1,037.27 $76.13 $33.07 $39.81 $35.51 $42.93 $34.20 $1,465,000.00 $4.28 2 5 3 2 4 2 2 2 7 1

Total Investment Value

% of Total Investment

$731.38 $5,186.35 $228.39 $66.14 $159.24 $71.02 $85.86 $68.40 $10,255,000.00 $4.28 $10,261,601.06

Total Investment Value

Noah McClintock

Appraisal Practice
Using information from http://iowarealty.com - locate FIVE different houses and what their current listing prices are. Use the listing data and formulas in Excel to calculate the variable costs to determine an appraisal amount. Compare this amount to the actual price.
1 Go to iowarealty.com to locate houses. Key the address after the colon 2 Use the listing information to fill the data into the chart below with square footage, bathroom, garage, cul-de-sac, swimming pool 3 In Column E, key a formula to calculate the total $$ of each item (hint: multiply column C and D) 4 Key a formula where it says "estimated home cost" to total all the variables 5 Key the home cost from Iowa Realty where it says "actual listed home cost" 6 Repeat this process for each house. How does the price match up?

HOUSE 1:
Variable
Square Footage (Total Finished SF) Number of Bedrooms Number of Bathrooms Number Car Garage On a Cul-de-Sac? With a Swimming Pool? Lake or Pond

Listing Amount
(Fill in here)

Value

Total $
(Multiply)

$105 $4,000 $3,500 $3,250 $3,000 $6,000 $10,000 Estimated Home Cost Actual Listed Home Cost

(Total)

HOUSE 2:
Variable
Square Footage (Total Finished SF) Number of Bedroom Number of Bathrooms Number Car Garage On a Cul-de-Sac? With a Swimming Pool? Lake or Pond

Listing Amount
(Fill in here)

Value

Total $
(Multiply)

$105 $4,000 $3,500 $3,250 $3,000 $6,000 $10,000 Estimated Home Cost Actual Listed Home Cost

(Total)