Description
Pick a function in Excel and discuss how that function is used to calculate results in your worksheets. Review your classmates posts to make sure that you're not duplicating formulas/functions already discussed. Using the following scenarios, discuss how you would apply the Excel functions or create a formula to solve the scenario. Be specific!
- You wish to calculate the commission on sales. The commission is 6% on all sales that are at least 20% above cost.
Explanation & Answer
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I have selected the function "FVSCHEDULE " from excel. This
function is used to calculate the future value of a principal that is
to be invested now. With the help of this function we can
calculate future value of principal with v...
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