Display the second worksheetWarehouse Payment Table. In cell B8, enter a PMT function using cell B4 divided by 12 as the rate, cell B3 as the number of payment periods, and cell B2 as the present value of the loan. Display the result as a positive number.

Create a two-variable data table in the range B8:H16. Set cell B3 as the row input cell, and cell B4 as the column input cell. From the Cell Styles gallery, apply the Currency cell style to the range C9:H16. Select the payment option closest to but less than $10,000 per month for a 120-month loancell D15and format the option with the Note cell style. Click cell A1 and Save your workbook.

Display the fourth worksheetJob Information. Select the range A4:C11, and then sort the range by Job Code in ascending order. By using the Create from Selection command, create a range named Job_Code using the data in the range A4:A11. Click cell A1.

Display the Staffing Plan worksheet, and then select the range A9:A18. Create a Data Validation list with Source equal to the named range Job_Code

Click cell A9, click the list arrow, and then click M-AMG. Click cell B9 to make it the active cell, and then insert a VLOOKUP function that will look up the Description of the Job Code in cell A9 using the information in the Job Information worksheet as the table array. After selecting the table array, be sure to press F4 to make it an absolute cell reference. The Description to be looked up is in column 2 of the table array.

With cell B9 as the active cell, copy the VLOOKUP formula down through cell B18. In cell C9, type 3 as the # of Positions and in cell D9, type Management as the Type.

In cell E9, insert the VLOOKUP function to look up the Salary of the Job Code in cell A9 by using the information in the Job Information sheet as the table array; the Salary is in column 3 of the table array. Copy the VLOOKUP formula in cell E9 down through cell E18.

Loan Options for Warehouse Purchase: Rates versus Months
Amount of Loan	$925,000
Period (months)	120
Interest rate (per year)	6.50%
		Payment Options
		Number of Monthly Payments
	$5,012.51	60	120	180	240	300	360
Rates	8.00%
	7.50%
	7.00%
	6.50%
	6.00%
	5.50%
	5.00%
	4.50%