Enter a nested function in the Recommendation column to indicate Need to remodel if the apartment is unoccupied and was last remodeled before 2005. For all other apartments, display No change.
Insert functions in the total units and occupied units columns to calculate the number of apartments and number of occupied apartment by apartment complex.
Calculate the occupancy rate and rank based on occupancy rate where the highest occupied complex is 1.
Insert the appropriate functions to calculate the potential rent (i.e. the total rent if all units at a complex were rented) and the actual amount of total rent by complex for occupied units.
Calculated the percentage of potential rent that is actually collected this month
Insert functions in the range F15:F18 to calculate the total rent collected by apartment size (i.e. number of bedrooms) and total rent collected. The value in cell F18 should be identical to the total in cell G12
Type 4 in Cell B2.
Insert a nested lookup function in cell B3 that will look up the ranking entered in cell b2 and return the respective apartment complex. Make sure the sample ranking of 4 returns the correct apartment complex indicated in the summary statistics area.
Type 1 in cell B2.
Click the Database worksheet tab.
Enter conditions in the criteria range for unoccupied twp-and three-bedroom apartments that need to be remodeled.
Perform an advanced filter based on the criteria range filter the existing database in place.
Enter database functions to calculate the database statistics in the range C8:C10
Click the Loan worksheet tab.
Enter the loan parameters in the Input Area, and then insert formulas to perform calculations in the summary calculations.
Complete the loan amortization table. Use a date function for the payment date column and financial functions for the interest for the interest paid and principal payment columns.