please tell me what formula will be apply.

Task 13: Using Formulas to Make the Yearly Projections, Cost per Hour of Labour You can also complete the projected costs per hour of labour. Cell E31 will reference the value in cell B16 (or B17). Which means that the formula in cell E31 will be =B16. For cells E32 you can create a formula that uses the value from cell E31 and the "Anticipated percentage increase in costs" of Labour in cell D21. The results should look like the image below. Be sure you don't just type in the numbers. You need to use formulas. When I mark your assignment I will use the F2 function key to check the values of + cells E31 to E36. 2 Projected costs 30 Years from now 11 12 23 Cost perfoot of wood Oak Maple $15.00 $10.00 $15.90 $10.40 $15.05 $10.82 $17.87 $11.23 $18.94 $11.70 $20.07 $12.17 1 2 3 4 5 Cost per hour Labour $10.00 $31.50 $33.08 $34.73 $36.47 $35.29 VE 25 36 37