Answer:
=($B$4 * B23)
Explanation:
Given
Billable Rate: B4
Total Billable Hours: B23
Required:
Daily Bill: B25
Write the following formula in cell B25
=($B$4 * B23)
The question asks that the cell for billable rate should be referenced using the absolute cell reference.
To use absolute reference in a cell, we start by writing a dollar sign and we also separate the cell name and the cell number with a dollar sign.
Hence, cell B4 becomes $B$4
Also, the question asks that the cell $B$4 be multiplied by cell B23.
To write a formula in Excel, we start by writing the equal to sign (=), then we continue with the expression itself
$B$4 multiplied by cell B23 will be written as $B$4 * B23
So, the full formula to calculate daily bill that'll be written in cell B25 becomes is =($B$4 * B23)
The Excel formula in cell B25 that can be used to calculate the daily bill for Monday, July 29 is =($B$4 × B23)
An excel formula represents the expression of a code in an Excel sheet that operates within a range of cell(s).
From the parameters given:
By using the absolute reference for billable rate, we need to begin the formula with a $ sign, the cell name in conjunction with the cell number is being separated by a $ sign.
Therefore, the cell in B4 can be written as:
Now, multiplying it with cell in B23, we have using the excel formula method, we have:
=($B$4 × B23)
Learn more about the Excel Formula here:
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