Question: How would you calculate the average rate using the AVERAGEIF formula based on the given information and data below 1 Support 2 Accounting 3 Marketing

How would you calculate the average rate using the AVERAGEIF formula based on the given information and data below

( begin{array}{ll}1 text { Support } & $ 7,669,000.00  2 text { Accounting } & $ 7,221,000.00  3 text { Marketing 

1 Support 2 Accounting 3 Marketing 4 Sales 5 Engineering 6 Research and Development 7 Business Development 8 Product Management $7,669,000.00 $7,221,000.00 $6,458,000.00 $6,433,000.00 $6,301,000.00 $6,299,000.00 $6,159,000.00 $6,008,000.00

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