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Create a scenario summary report of the Seminar 1 , Seminar 2 , and Seminar 3 scenarios, show - ing the cost per person and

Create a scenario summary report of the Seminar 1, Seminar 2, and Seminar 3 scenarios, show-
ing the cost per person and balance from each seminar as the result. Move the sheet to the end
of the workbook.
Show the results of Scenario 3 in the Budget worksheet.
Experience has taught Brenda that as the registration fee for the seminar increases, the number
of attendees willing to pay decreases. Based data from other seminars, Brenda has defined a
relationship between attendance and registration fee, shown in the range R4:X21 on the Budget
worksheet. In cell B5 of the Budget worksheet, change the number of attendees from a constant
value to the following formula that projects the number of attendees for a given registration fee
based on the value in cell B6.(Hint: Look at the formulas in the range S6:S21 to learn how to
translate this equation into an Excel formula.)
Attendees =1000e-(fee75)
Use Solver to determine the registration fee in cell B6 that will maximize the balance value in
cell B29 with the constraint that the registration fee should be an integer. Run Solver with an
initial registration fee of $1,000.
Save the workbook, and then close it.
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