I need help with the right formula for Excel

You received attempt Rut Company issued bonds on January 1 and has provided the relevant information The Controller asked you to calculate the bond selling price given two different market interest rates using the Present Value Tables. Use the information included in the Excel Simulation and the Excel functions described below to complete the task . Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell 3 was entered the formula would output the result from cell 3. or $500,000 in this example, Mult-Tab Call Reference Allows you to refer to data from another cell in a separate tab in the worksheet When using the multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cell location. From the Excel Simulation below, if in a blank cell on the Sheet1 tabFuture Value of $1 00" was entered the formula would output the result from cell C13 in the Future Value of $1 tab or 110462 in this example . Basic Math functions Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys plus sign to add - minus sign to subtract. asterisk sign to multiply and forward slash to divide). From the Excel Simulation below, if in a blank cell C4C6" was entered, the formula would add the values from those cells and output the result, or 31 in this example. If using the other math symbols the result would output an appropriate answer for its function IF function: Allows you to test a condition and retum a specific value is the result is true and different value if the result is false The syntax of the IF function is "IF(test condition value true value false and specific considerations need to be made when using this function. The test condition argument is an evaluation of the status of a cell such as the value of a ce is greater than less than or equal to another number of cell The valve true and value false arguments will return arty specific result for each option, such as another cell reference, a value, or text. Throughout the entire equation, if text is being used in the test condition value it true, or value it inse arguments then the text itself should be entered in quotations so that Excel will recognize the text as a 'string of text instead of another function. From the Excel Simulation below, if in a blank cell IF(C3>250000,"Cash is great", "Cash is bad') was entered the formula would output the result of the value_i_true since the test condition would be result as true, or in this case the text "Cash is great Excel processes the IF function by separating it out into separate parts. First the test condition-Excel thinks, find cel C3 and determine if the value is greater than 250000 Once Excel determines if the result of the rest.condition is TRUE or FALSE, it will return the value true or value false Bond Pricing - Excel X OHS. c. FILE HOME INSERT PAGE LAYOUT FORMILLAS REVIEW Sign In > Parte BTU S A Cells Alignment Number Conditional Format - Forming Table Cell Styles On January 1, Rult Company issued bonds as follo 500,000 Face Value: E Number of Years: Stated Interest Rate: Interest payments per year (Note: the bonds pay interest annually) 7% Required: 101) Calculate the bond selling price given the two market interest rates below. 11 Use formulas that reference data from this worksheet and from the appropriate future ar 12 present value tables (found by clicking the tabs at the bottom of this worksheet). 13 Note Hounding is not required 14 al Market Interest Rate: $ 35.000.00 Annual Interest Payment PV of Face Value PV of Interest Payments -Bond Selling Price: $ 397 263 45 21 ) Market Interest Rate: 35,000.00 Annual Interest Payment S El y of $1 Present Value of Annuity of S! Sheet1 Attempts) 1/3 Annual interest Payment: TPV of Face Value + PV of Interest Payments: Bond Selling Price: $ 397.268.46 Market Interest Rate: 15.000.00 Annual Interest Payment PV of Face Value: PV of Interest Payments: -Bond Selling Price: $ 609.002.09 ANNARRARRERA 2. Use the Excel IF function to answer either "Premium" or "Discount to the following items. The band in la) sold at The bond in 1b) sold at a + ) y of $1 Present Value of Anuty of $1 Sheet1 FEATY Attempt 1/3