Question: Excel 2016 In cell E19, enter a VLookup function to calculate the annual base rent for the first unit based on Unit Type. Use the

Excel 2016

In cell E19, enter a VLookup function to calculate the annual base rent for the first unit based on Unit Type. Use the 2018 Rental Assumptions table in your formula and make sure to calculate annual rent. Copy your formula down the column to cell E42.

2018 Rental Assumptions
Unit Type Rent /Month # of Units RSF per Unit Total RSF by Unit Type
1 Bedroom $1,500 4 830 3,320
2 Bedroom $2,100 10 995 9,950
3 Bedroom $2,700 6 1,475 8,850
Small Commercial $3,200 3 1,200 3,600
Large Commercial $4,400 1 2,100 2,100
Total 24 27,820

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