Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1 . 1 Calculate Risk Level ( cell E 4 ) using the VLOOKUP function. a . The lookup _ value is the Credit Score
Calculate "Risk Level" cell E using the VLOOKUP function.
a The lookupvalue is the "Credit Score" cell C
b Tablearray refers to the "Car Loan Interest Rates" table range :K
c The colindexnum is the second column of the reference table
d Finally, range ookup is "TRUE" an approximate match is
e Copy your formula down to complete the "Risk Level" column. Be careful to use correct relative and absolute ell references.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started