NO ANCHOR Build a formula that calculates rent for 2016 and beyond based on 2015's rate as well as the assumed Growth Rate Do not lock the Row or the Column in this formula Growth Rent Growth 3.0% Rent 2015 $1.00 3.0% 2015 2016 ABSOLUTE ANCHOR Build a formula that calculates rent for 2016 and beyond based on 2015's rate as well as the assumed Growth Rate Lock Both the Row and the Column in this formula by adding a "$" in front of each. $1.00 2017 2016 2018 2017 2019 2018 2020 2019 2020 Check 2020 Wrong Check 2020 Wrong
NO ANCHOR Build a formula that calculates rent for 2016 and beyond based on 2015's rate as well as the assumed Growth Rate Do not lock the Row or the Column in this formula Growth Rent Growth 3.0% Rent 2015 $1.00 3.0% 2015 2016 ABSOLUTE ANCHOR Build a formula that calculates rent for 2016 and beyond based on 2015's rate as well as the assumed Growth Rate Lock Both the Row and the Column in this formula by adding a "$" in front of each. $1.00 2017 2016 2018 2017 2019 2018 2020 2019 2020 Check 2020 Wrong Check 2020 Wrong
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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
Transcribed Image Text:NO ANCHOR
Build a formula that calculates rent for 2016 and beyond based on 2015's rate as well
as the assumed Growth Rate
Do not lock the Row or the Column in this formula
Growth
Rent
Growth
3.0%
Rent
2015
$1.00
3.0%
2015
2016
ABSOLUTE ANCHOR
Build a formula that calculates rent for 2016 and beyond based on 2015's rate as well
as the assumed Growth Rate
Lock Both the Row and the Column in this formula by adding a "$" in front of each.
$1.00
2017
2016
2018
2017
2019
2018
2020
2019
2020
Check
2020
Wrong
Check
2020
Wrong
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