Tablearray is the cell reference for the data table

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table_array is the cell reference for the data table, usually shown as a range. The col_index_num argument is the column number in the data table (table_array) where the matching value should be found. The range_lookup argument is a logical value of TRUE or FALSE, where TRUE represents the value found in the first column should be a closest match, and FALSE represents the value found in the first column should be an exact match. From the Excel Simulation below. If in a blank cell =VLOOKUP(C6. Future Value of \$1!B3:T27,2,FALSE)" was entered the formula would output the result of 1.10462 in this example. Excel processes the VLOOKUP function by using each argument to find the cross-section of the column and row reference in the data table. In the example, Excel looked at the first column of the table_array on the Future Value of \$1 tab cells B3.127 and found the lookup_value of the Sheet1 cell C6 reference, or 10 periods in this example. That position in the first column is stored in Excel to know what row the final result will be found in. Remember that the first column used is the first column of the table_array and not the first column of the worksheet tab. Then the col_index_num is used by Excel to determine what column of the table_array the final result is
Included, or in this case the second column. Excel then finds the cross-section of those two values using the row and column references and outputs the final result from the data table. The Chestnut Street Company plans to issue \$825,000, 10- year bonds that pay 7 percent semiannually on March 31st and September 30th. Information relating to this bond is found below: Face Value: \$ 825,000 Number of Years: 10 Stated Interest Rate: 7% Number of Payments per Year: Required: Calculate or provide the information requested using a formula or cell reference unless you are instructed to

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