Excel | Advanced lookup functions exercise | Drawdown fee exceeded XL 07 - match/index

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Software ==> Excel  (151 exercises)
Version ==> Excel 2010 and later
Topic ==> Advanced lookup functions  (9 exercises)
Level ==> Average difficulty
Subject ==> Excel training
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Open the file in the above folder - it contains a model for the London Olympics.

Create a new input for entering the government's maximum drawdown amount - this might look something like this:

Excel 2010 exercise - Advanced lookup functions (image 1)

This shows that the maximum overdraft the government can incur is £380 million

On your Calculations sheet, enter 3 new lines:

Excel 2010 exercise - Advanced lookup functions (image 2)

For this example, the last year before which the limit is exceeded is the 3rd one

The period when the government hits its drawdown fee limit should be returned by a MATCH function; use the INDEX function to return the year in which this occurs.

Save this workbook with the same name, then close it down.

You can unzip this file to see the answers to this exercise, although please remember this is for your personal use only.
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