On the Faculty Data worksheet, in cell J3, use an IFS function to calculate the retirement matching dollar amount for each faculty member participating in the retirement plan. If the participating member is a Full Professor, the matching amount is 4% of the salary. Otherwise, the matching amount is 3% of the salary. If the member is not participating, show a blank.

On the Faculty Data worksheet, in cell J3, use an IFS function to calculate the retirement matching dollar amount for each faculty member participating in the retirement plan. If the participating member is a Full Professor, the matching amount is 4% of the salary. Otherwise, the matching amount is 3% of the salary. If the member is not participating, show a blank.

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Question

On the Faculty Data worksheet, in cell J3, use an IFS function to calculate the retirement
matching dollar amount for each faculty member participating in the retirement plan. If the
participating member is a Full Professor, the matching amount is 4% of the salary. Otherwise,
the matching amount is 3% of the salary. If the member is not participating, show a blank.

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