Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show the equations. 1. Enter =The interest rate is in cell B34. Use the & function and the offset function to output the

Please show the equations.

1. Enter ="The interest rate is " in cell B34.

Use the "&" function and the offset function to output the following in cell D34.

The interest rate is 10%. (or whatever the value of the interest rate is).

The output in cell B34 should update based on the current value in cell C32.

You will need to use the OFFSET function to reference the interest rate. The row entry will be constant but the OFFSET function will need to use the output from C31.

2. Enter ="The number of years is " in cell B35.

Use the "&" function and the offset function to output the following in cell D35.

The number of years is 3. (or whatever the number of years is).

The output in cell B35 should update based on the current value in cell C31.

You will need to use the OFFSET function to reference the interest rate. The column entry will be constant but the OFFSET function will need to use the output from C32.

image text in transcribed

20 Offset 21 22 Table of PVIF's Nr= 23 24 0% 1 1 1 25 26 2% 1 0.9804 0.9612 0.9423 0.9238 0.9057 5% 1 0.9524 0.9070 0.8638 0.8227 0.7835 10% 1 0.9091 0.8264 0.7513 0.6830 0.6209 27 1 31 3 - 32 33 Row Column Output The interest rate is The number of years is 0.8638 34 35

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The First Time Homebuyers Handbook

Authors: Dean Thompson

1st Edition

1658856112, 978-1658856119

More Books

Students also viewed these Finance questions

Question

1. What makes Zipcar an attractive employer for whom to work?

Answered: 1 week ago

Question

What tools might be helpful?

Answered: 1 week ago