You should create and enter formulas to calculate the No. of Days paid in Advance, the Discount and the Course Fee Paid.
Use a VLOOKUP function in your template to determine the discount rate to be used for the calculation of the Discount. Your template should include a separate discount table containing the following information about the discount received:
• If students pay the course fee less than 7 days prior to the course commencing then they receive no discount.
• If students pay the course fee 7 to 13 days prior to the course commencing then they receive a discount of 5%.
• If students pay the course fee 14 to 20 days prior to the course commencing then they receive a discount of 8%.
• If students pay the course fee 21 days or more prior to the course commencing then they receive a discount of 10%.
Bookmarks