EX16 XL CHO2_GRADER _CAP AS-Gym Management 1. Project Description You are a sales representative at the local fitness center, Health & Fitness Gym. Your manager expects each representative to track weekly new n costs are based on membership type collect a down paymen payment based on a standard interest rate. In manager. Spot-check results to make sure you created formulas and functions correctly. embership data, so you created a spreadsheet to store data. . Clients can rent a locker for an additional annual fee. t based on membership type, determine the balance, and then calculate the You are required to addition, you calculate general statistics to summarize for your Instructions: For the purpose of grading the project you are required to perform the following tasks: Points Possible Step Instructions the downloaded fle exploring e02 grader al xiSx. Insert a lookup function in cell C5 to display the basic annual membership cost for the first 10.000 5.000 Insert a function in cell B2 to display the current date. Use an IF function in cell ES to calculate the annual total amount, which is the sum of the basic cost and locker fees for those who rent a locker. For people who do not rent a locker, the annual cost is only the cost shown in column C. The Locker column displays Yes for clients who rent a locker and No for those who don't. In cell G5, enter a formula to calculate the total amount due for the first client based on the annual total and the number of years in the contract. Copy the three formulas in columns C, G, and E down their respective columns Insert a lookup function in cell H5 to display the amount of down payment for the first dlient based on the membership type. 3 clients 10.000 5 5.000 6 10.000 Insert a formula in cell 15 to calculate the balance due on the membership. Copy the formulas 5.000 15.000 10.000 for the rest of the clients Insert the PMT function in cell 35 to calculate the first client's monthly payment, using 8 appropriate relative and absolute cell references. Copy the formula down the column Calculate totals for Annual Total, Total Due, Down Payment, Balance, and Monthly Payment on row 14 Insert the appropriate functions in the Summary Statistics section of the worksheet: cells 10.000 10 H18:H22. Format the payments with Accounting number format and format the n Format the other column headings on rows 4 and 17 to match the fill color in the ra E17:H17, Wrap text for the column headings Set 0.3" left and right margins and ensure that the page prints on only one page. Insert a footer with your name on the left side, the date code in the center, and the file name new members appropriately 10.000 5.000 5.000 0.000 12 13 14 right side Save and close the workbook. Submit the file as directed Total Points100.000 EX16 XL CHO2_GRADER _CAP AS-Gym Management 1. Project Description You are a sales representative at the local fitness center, Health & Fitness Gym. Your manager expects each representative to track weekly new n costs are based on membership type collect a down paymen payment based on a standard interest rate. In manager. Spot-check results to make sure you created formulas and functions correctly. embership data, so you created a spreadsheet to store data. . Clients can rent a locker for an additional annual fee. t based on membership type, determine the balance, and then calculate the You are required to addition, you calculate general statistics to summarize for your Instructions: For the purpose of grading the project you are required to perform the following tasks: Points Possible Step Instructions the downloaded fle exploring e02 grader al xiSx. Insert a lookup function in cell C5 to display the basic annual membership cost for the first 10.000 5.000 Insert a function in cell B2 to display the current date. Use an IF function in cell ES to calculate the annual total amount, which is the sum of the basic cost and locker fees for those who rent a locker. For people who do not rent a locker, the annual cost is only the cost shown in column C. The Locker column displays Yes for clients who rent a locker and No for those who don't. In cell G5, enter a formula to calculate the total amount due for the first client based on the annual total and the number of years in the contract. Copy the three formulas in columns C, G, and E down their respective columns Insert a lookup function in cell H5 to display the amount of down payment for the first dlient based on the membership type. 3 clients 10.000 5 5.000 6 10.000 Insert a formula in cell 15 to calculate the balance due on the membership. Copy the formulas 5.000 15.000 10.000 for the rest of the clients Insert the PMT function in cell 35 to calculate the first client's monthly payment, using 8 appropriate relative and absolute cell references. Copy the formula down the column Calculate totals for Annual Total, Total Due, Down Payment, Balance, and Monthly Payment on row 14 Insert the appropriate functions in the Summary Statistics section of the worksheet: cells 10.000 10 H18:H22. Format the payments with Accounting number format and format the n Format the other column headings on rows 4 and 17 to match the fill color in the ra E17:H17, Wrap text for the column headings Set 0.3" left and right margins and ensure that the page prints on only one page. Insert a footer with your name on the left side, the date code in the center, and the file name new members appropriately 10.000 5.000 5.000 0.000 12 13 14 right side Save and close the workbook. Submit the file as directed Total Points100.000