You are an account manager for Inland Jewelers, a regional company that makes custom class rings for graduating seniors. Your supervisor requested a workbook to report on new accounts created on payment plans. The report should provide details on total costs to the student as well as payment information. Each ring financed has a base price that can fluctuate based on ring personalization.
Start Excel. Download and open Â Â the file namedÂ Exp22_Excel_Ch02_Cumulative_InlandJewelers.xlsx. Â Â Grader has automatically added your last name to the beginning of the Â Â filename.
Insert a function in cell B2 to Â Â display the current date from your system.
With cell B2 selected, set the Â Â width of column B to AutoFit.
Insert a VLOOKUP function in Â Â cell C5 to display the ring cost for the first student. The cost of the ring Â Â type should be an exact match. Use appropriate relative and absolute cell Â Â references.
Fill the function from cell C5 Â Â to the range C6:C11.
Apply Accounting number format Â Â to the range C5:C11.
Insert an IF function in cell E5 to calculate the total Â Â due. If the student has chosen to personalize the ring, there is an Â Â additional charge of 5% located in cell B21 that must be added to the cost of Â Â the ring; if not, the student only pays the base price. Use appropriate Â Â relative and absolute cell references.
Fill the function from cell E5 Â Â to the range E6:E11.
Apply Accounting number format Â Â to the range E5:E11.
Insert a function in cell G5 to Â Â calculate the first student’s monthly payment, using appropriate relative and Â Â absolute cell references. Ensure the result is a positive number.
Fill the function from cell G5 Â Â to the range G6:G11.
Apply Accounting number format Â Â to the range G5:G11.
Calculate totals in cells C12, Â Â E12, and G12.
Set 0.3″ left and right Â Â margins and ensure the page prints on only one page.
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