Working with IF() functions

In this exercise, you will be getting a quick refresh on the IF function.

None of these examples have to do with loan amortization; these are just quick examples of how to use the IF() function. Your job is to enter the IF() formula, which fulfills the condition that is stated in words in column A.

So, if the statement was: "If the value in A3 is red, choose 'Stop,' otherwise choose 'Go.'" the IF() formula would be IF(A3 = "Red","Stop","Go").