Using and Managing Data and Information

BA3020QA
Assignment 1 (April2021 cohort)

Note to students:
There are FIVE tasks and you are expected to answer all of them. Answer each task on a
separate worksheet on the same Excel file.

The deadline for this assignment is Friday 25th June 2021 before 3pm. The submission is
via the link on Weblearn in the Assessments folder.

Task 1 (10 marks)

Use Excel as a calculator to evaluate the following calculations. For each calculation you
should provide the formula you have used (1 decimal place)
a. -724.2 + 316.8 x 6.3

b. 6.48 + 3.28 x √837

5

c. (719 – 283 / 4) ÷ 24 x (6.3)3

d. 54.71 – (6.63)2
84.78 ÷ 63

e. (4364 – (123 x 46)/42) ÷ √367 − 321/4

1
Task 2 (10 marks)
Use the Excel formatting facilities to answer the following questions:
a. Express 72.5% as a 2 digit fraction.

b. Express 0.58 as a percentage.

c. 0.425 as a fraction in its simplest form.

d. Adam achieved 22/30 in a test. Express his result as a percentage.

e. Work out 5/9 ÷ 3/7, giving your answer as a fraction in simplest form.

Task 3 (10 marks)

Use Excel financial facilities to perform the following scenarios:

You need to show the financial formulae you have used in each case.

a. Calculate the total amount accrued after 5 years for saving a single amount of £10,000
in a bank account that pays interest of 2% per year. Assume that interest is calculated
at the beginning of every year.

b. Calculate the monthly repayments for a 5 year loan of £25,000, with 5% interest per
year. Repayments are made at the beginning of each month.

c. Calculate the total amount accrued after 10 years for regular monthly cash
investments of £300 paid into a savings account at the beginning of each month and
pays 3.20% interest per year.

d. Calculate the monthly repayments (payable at the end of each month) for a period of
25 years, for a mortgage of £300,000 at a fixed interest rate of 2.8% per year.

e. What is the single amount you need to save today so that you will have £30,000 in 5
years, if the saving rate is 3%? Assume that interest is applied to the account at the
end of every year.

2
Task 4 (10 marks)

Use an Excel worksheet to setup one table to compare the UK Government spending for the
two years. Calculate the amounts for each department (in £bn) for the following scenario:

Scenario
Total UK Government spending for the financial year 2020 was £874 bn. The sum is split
between each of the departments as follows:
Pensions 18.4%
Healthcare 18.8%
Education 10.5%
Others 52.3%

Total UK Government spending for the financial year 2021 was estimated to be £908 bn. The
sum is split between each of the departments as follows:
Pensions 18.9%
Healthcare 19.2%
Education 10.8%
Others 51.1%

By comparing the UK Government spending (£bn) in healthcare, work out the percentage
increase for 2021 (show formula)

3
Task 5 (10 marks)
You are given the following employees’ information after their first six months at work.
Enter the data as shown on an Excel spreadsheet and complete the following table:
Employee Holidays taken Training Logical Function
(days) completed (days) (Insert Formula-
part c)
A 6 3
B 8 2
C 10 0
D 7 1
E 9 3
F 12 2
G 9 0
H 11 3
I 8 1
J 10 2
Number of (Insert formula- (Insert formula-
Employees part a) part b)

a. Write down a function that will return the number of employees who have taken more
than 9 days as holiday.
b. Write down a function that will return the number of employees who have completed
less than 3 training days.
c. Write down a logical function with an “IF” statement to test whether an employee has
taken more than 9 days as holiday and completed less than 3 training days. You
should use “Yes” if the employee has taken more than 9 days as holiday and
completed less than 3 training days.

Note: The functions you show in the table for questions a. to c. should be written using
relative references to your spreadsheet rows and columns.