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To solve the question of determining which function can automatically return the value in Cell C7, given the values in cells B77 to B81 in the range B77:B81, follow these steps:
1. Identify the Values in the Specified Range:
- B77: \[tex]$794 - B78: \$[/tex]721
- B79: \[tex]$854 - B80: \$[/tex]912
- B81: \[tex]$1020 2. Understand the Goal: - We need to find the appropriate function that will place a specific value into cell C7 based on these values. 3. Determine the Desired Outcome: - The function is asked to return a specific value. Cell C7 should contain the minimum value from the range B77:B81. 4. Finding the Minimum Value: - From the list of values (\$[/tex]794, \[tex]$721, \$[/tex]854, \[tex]$912, \$[/tex]1020), identify the smallest value.
5. Smallest Value is:
- Among \[tex]$794, \$[/tex]721, \[tex]$854, \$[/tex]912, and \[tex]$1020, the smallest value is \$[/tex]721.
6. The Appropriate Function to Use:
- Excel has a built-in function to determine the minimum value from a set of values. This function is `MIN`.
7. Application of the Function in Excel:
- To automatically place the minimum value from the range B77:B81 into cell C7, use the following function:
```
=MIN(B77:B81)
```
8. Result:
- By using `=MIN(B77:B81)` in cell C7, Excel will compute and display the value \$721.
Thus, the function that can automatically return the value in Cell C7, based on the values in Cells B77:B81, is =MIN(B77:B81).
1. Identify the Values in the Specified Range:
- B77: \[tex]$794 - B78: \$[/tex]721
- B79: \[tex]$854 - B80: \$[/tex]912
- B81: \[tex]$1020 2. Understand the Goal: - We need to find the appropriate function that will place a specific value into cell C7 based on these values. 3. Determine the Desired Outcome: - The function is asked to return a specific value. Cell C7 should contain the minimum value from the range B77:B81. 4. Finding the Minimum Value: - From the list of values (\$[/tex]794, \[tex]$721, \$[/tex]854, \[tex]$912, \$[/tex]1020), identify the smallest value.
5. Smallest Value is:
- Among \[tex]$794, \$[/tex]721, \[tex]$854, \$[/tex]912, and \[tex]$1020, the smallest value is \$[/tex]721.
6. The Appropriate Function to Use:
- Excel has a built-in function to determine the minimum value from a set of values. This function is `MIN`.
7. Application of the Function in Excel:
- To automatically place the minimum value from the range B77:B81 into cell C7, use the following function:
```
=MIN(B77:B81)
```
8. Result:
- By using `=MIN(B77:B81)` in cell C7, Excel will compute and display the value \$721.
Thus, the function that can automatically return the value in Cell C7, based on the values in Cells B77:B81, is =MIN(B77:B81).
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