43 You would like to present the server usage statistics to help create a server renting strategy for the future. 14 Table 11 has the statistics based on server Size, and Table 12 has Statistics based on Server Type and Server Size. 45 (k) Using the AVERAGEIF function, write a formula in cell E52 to compute Small servers' average total cost. Copy the formula across to cells F52 and G52 to compute for Medium & Large servers, respectively. 46 (1) Using the COUNTIF function, write a formula in cell ES3 to calculate the total number of Small servers rented. Copy the formula across to cells F53 and G53 to compute for Medium & Large servers, respective 47 (m) Using the SUMIF function, write a formula in cell E54 to calculate the total number of Small servers rented. Copy the formula across to cells F54 and G54 to compute for Medium & Large servers, respectivel 48 19 50 51 52 53 Table 11 Statistics on the basis of Server Size Small Medium Average Total Cost Number of Servers Total Number of hours Rented Instructions Q1 Q2 Q3 54 55 56 (n) Using the SUMIFS function, write a formula in cell F64 to compute Small & Spot servers' average total cost. Copy the formula down to cells F65 to F69. 57 (0) Using the COUNTIFS function, write a formula in cell G64 to compute the total number of Small & Spot servers rented. Copy the formula down to cells G65 to G69. 58 (p) Using the SUMIFS function, write a formula in cell H64 to compute the total number of hours for which Small & Spot servers are rented. Copy the formula down to cells H65 to H69: 59 (q) In cell 164, write a formula to compute the Average Hourly Rate for the Spot and Small servers. Average hourly rate= (Total Cost)/(Total Number of hours). Copy the formula down to cells 165 to 169. 60 Q3-SampleAnswer Large + E

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Payback Period

Payback period analysis is a method used to determine the relative time value of a project. It measures the time that a project will take to return its initial investment. The total time taken by the project to return the initial investment made for the project is called the payback period.