IV. a. iii. Calculate the cost of the Easement
             Estimated time:
             1 minutes
With our excel file, we can easily apply simple math functions. In Excel, we can multiply a constant cost per area to the calculated area and develop a cost per parcel. Finally, we can get a sum to account for the total buyout cost of the easement

In this exercise, you will:
  • Apply simple functions in Excel
  • Create an accumulated cost table


                                                   Start VideoDemo
Text Version:
    1. In Excel, apply the specified cost per square foot to the calculated area
      1. Label the column to hold the calculated cost
      2. In the appropriate box, type: “=Cost*Area” (Cost is equal to the cost per area and Area is the value in the Area cell)

    2. Calculate the sum of the individual costs
      1. Select the entire list of costs
      2. Press the “Sum” symbol
        3. (Note: This table will be attached to your memo, so try to make it look sharp)