Explain the difference between the TRUE and FALSE parameters for the range_lookup argument of a VLOOKUP function. Give a business example of how you would use a VLOOKUP with a PMT function

What will be an ideal response?


In a VLOOKUP placing TRUE in the range_lookup argument allows the function to make an approximate match on a range of values. Placing FALSE in the range_lookup argument allows the function to make an exact match on a range of values. Using the PMT and VLOOKUP functions together is useful as the VLOOKUP function can retrieve an interest range from a range of possibilities while the PMT function calculates a payment based on the retrieved interest rate.

Computer Science & Information Technology

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Computer Science & Information Technology

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Answer the following statement true (T) or false (F)

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Computer Science & Information Technology

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Computer Science & Information Technology