Question: In cell J3, use the IF function to calculate the retirement matching for each faculty member participating in the retirement plan. For participating members, the

In cell J3, use the IF function to calculate the retirement matching for each faculty member participating in the retirement plan. For participating members, the function should multiply their salary by the retirement matching percentage. For all other members, the function should return 0. Be sure to make the reference to cell J1 an absolute reference in the function. Use the fill handle to copy the function down through the column. Apply the currency format to the values and align the text to the right of the cell.

In cell J3, use the IF function to calculate the

Retirement Matching % 4.00% Retirement- Matching $ Salary Plan LastName FirstName Department Rank From Young Jeft Management Assistant Austin TX Parker Mathew Accounting Full Profe: Miami FL Nelsen Beth Finance Full Profe: Columbus OH Smith Tom Finance Full Profe: Odessa TX Jacobson Andrew Management Full Profe: Memphis TN Rais Mary Finance Instructor Macon GA Participates in Retirement Year Hired Gender 2001 M $ 47,763 Yes 1985 M $62,142 Yes 1988 F $56,589 Yes 1983 M $61,417 Yes 1982 M $60,531 Yes 2004 F $31,250 No

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