Exp25_Excel_Ch01_ML1_Rentals | Excel Chapter 1 ML1 Rentals | Mid-Level 1 Rentals

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Exp25 Excel Chapter 1 ML1 Rentals Full Solution

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10 You are ready to calculate the Peak Rentals Maximum Revenue that can be earned. The maximum revenue is the total revenue if all rental units are rented.

In cell D6, enter a formula that calculates the Peak Rentals Maximum Revenue.
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11 You are ready to calculate the Off-Peak Rentals Maximum Revenue that can be earned. The maximum revenue is the total revenue if all rental units are rented.

In cell F6, enter a formula that calculates the Off-Peak Rentals Maximum Revenue. 4
12 The Discount Rate is the percentage off of the Peak Rentals Per Day Rate used to calculate the Off-Peak Rentals Per Day rate. The Studio Apartment rents for $116.05 Off-Peak, which is 77.4% of the $149.95 Peak rate. Therefore, the Discount Rate for the Off-Peak Per Day rate is 22.6%.

In cell G6, enter a formula that calculates the Discount Rate for the Off-Peak rental price per day.
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