Question

Task Instructions Х In cell E4, create a formula using structured references that multiplies the Salary value in cell C4 by the Raise Percent value in cell D4.

Answer 1

`=C4*D4`

Explanation:

The formula `=C4*D4` in cell E4 calculates the product of the Salary value in cell C4 and the Raise Percent value in cell D4. Structured references in Excel allow direct referencing of table data. In this case, `C4` refers to the Salary column while `D4` refers to the Raise Percent column in the structured table, enabling the multiplication of these specific values.

This formula accurately computes the raised salary amount based on the provided raise percentage.

Structured references in Excel simplify formula creation by using table headers as references, enhancing readability and minimizing errors. The multiplication operation (*) directly combines the Salary and Raise Percent values without the need for additional functions or operands.

Answer 2

To calculate a salary raise in Excel, use the formula =C4 * D4 in cell E4, multiplying the Salary by the Raise Percent. For a $10 hourly wage with a 20% raise, the calculation would be 10 * 0.20, resulting in a $2 increase per hour.

Step-by-step explanation:

The student is tasked with creating a formula in Microsoft Excel.

To calculate the new salary including the raise, you would use the following structured reference formula in cell E4: =C4 * D4. This formula multiplies the Salary in cell C4 by the Raise Percent in cell D4.

Assuming that the Salary is $10 per hour (as in the provided reference information) and the Raise Percent is 20% (or 0.20 as a decimal), the resulting formula would be =10 * 0.20, which equals 2. This means a $2 raise per hour based on the original $10 per hour salary. The percentage change calculation is an important concept here, which is illustrated by the raise example: Percentage change = (Change in quantity) / Quantity, which in the context of a raise, translates to a $2 raise per $10 of original hourly wage.