Final answer:
The Excel formula to calculate gross revenue by subtracting the discount rate, multiplying by the cost per attendee, and multiplying by the number of education attendees is: Gross Revenue = (1 - Discount Rate) * Cost per Attendee * Number of Education Attendees.
Step-by-step explanation:
The Excel formula to calculate the gross revenue by subtracting the discount rate from one, multiplying the result by the cost per attendee, and then multiplying by the number of education attendees can be written as:
Gross Revenue = (1 - Discount Rate) * Cost per Attendee * Number of Education Attendees
For example, if the discount rate is 0.2 (20%), the cost per attendee is $100, and the number of education attendees is 500, the calculation would be:
Gross Revenue = (1 - 0.2) * $100 * 500 = $40,000