I'm having trouble coming up writing this IF function in Microsoft Excel If someone could explain it I'd appreciate it.

In cell F27, use an IF function to calculate the discount amount for this order based on the

customer's status (which is found in F16). If the customer's status is Preferred, the discount amount will be the Order Subtotal ( 116.91 ) times the discount percentage 10% otherwise the discount amount will be 0 (zero).Hint: You will need to use a formula for the Value if True argument