# Exercise: Calculating XL 07 bi-monthly summary in 3 ways

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 Category ==> Excel 2010  (83 exercises) Topic ==> Advanced lookup functions  (6 exercises) Level ==> Harder than average Course ==> Excel Business Modelling
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Open the workbook in the folder above, and add the following line and range name to the calculations sheet:

We will show the cash carried forward at the end of month 2, 4, 6 and 8

Create formulae to calculate the cash carried forward at the end of each month shown in one of 3 ways:

See the notes below for more details

Here are some notes to help you:

• For the OFFSET function, you want to go 0 rows down and MonthNumber columns across from \$E\$16
• For the INDIRECT function, use the formula: =INDIRECT(ADDRESS(ROW(CashCf),5+MonthNumber))
• For the INDEX function, return the value of the cell in the first row and MonthNumber column in the CashCf range

Save this workbook with the same name and close it down.