Question: ON EXCEL Use VLookup function in this question Insurance Bonus Awards Parameters Total Bonus Amount Available $500,000 Bonus Points to be awarded for percentage above

ON EXCEL Use VLookup function in this question

Insurance Bonus Awards
Parameters Total Bonus Amount Available $500,000
Bonus Points to be awarded for percentage above target sales.
Lower Limit Upper Limit Bonus Points
0% 10% 0
11% 30% 5
31% 50% 10
51% 79% 15
80% 99% 25
100% 10000% 40
Model
Employee ID % Above Target Sales Bonus Points Bonus Amount
Employee1 63%
Employee2 5%
Employee3 18%
Employee4 44%
Employee5 20%
Employee6 26%
Employee7 70%
Employee8 48%
Employee9 68%
Employee10 62%
Employee11 20%
Employee12 62%
Employee13 95%
Employee14 29%
Employee15 11%
Employee16 85%
Employee17 21%
Employee18 31%
Employee19 18%
Employee20 41%
Employee21 95%
Employee22 14%
Employee23 56%
Employee24 85%
Employee25 12%
Employee26 130%
Employee27 65%
Employee28 75%
Employee29 19%
Employee30 70%
Employee31 31%
Employee32 18%
Employee33 41%
Employee34 75%
Employee35 14%
Employee36 36%
Employee37 45%
Employee38 12%
Employee39 30%
Employee40 65%
Employee41 75%
Employee42 19%
Employee43 40%
Employee44 18%
Employee45 44%
Employee46 20%
Employee47 26%
Employee48 70%
Employee49 48%
Employee50 68%
Employee51 62%
Employee52 20%
Employee53 62%
Employee54 35%
Employee55 29%
Employee56 11%
Employee57 85%
Employee58 101%
Employee59 68%
Employee60 62%
Employee61 21%
Employee62 95%
Employee63 14%
Employee64 56%
Employee65 85%
Employee66 12%
Employee67 90%
Employee68 65%
Employee69 75%
Employee70 19%
Employee71 70%
Employee72 31%
Employee73 20%
Employee74 62%
Employee75 35%
Employee76 44%
Employee77 20%
Employee78 26%
Employee79 70%
Employee80 48%
Employee81 68%
Employee82 62%
Employee83 20%
Employee84 62%
Employee85 35%
Employee86 29%
Employee87 11%
Employee88 81%
Employee89 21%
Employee90 18%
Employee91 21%
Employee92 95%
Employee93 14%
Employee94 56%
Employee95 85%
Employee96 18%
Employee97 31%
Employee98 65%
Employee99 14%
Employee100 36%
Total

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