Discounts are calculated as a percentage of the balance owed, rates vary depending on how large the balance is. The lookup table in S2:T5 details what percentage is applied, so for example balances from 300 to 11999.99 get a 5% discount.

Discounts are calculated as a percentage of the balance owed, rates vary depending on how large the balance is. The lookup table in S2:T5 details what percentage is applied, so for example balances from 300 to 11999.99 get a 5% discount. In column N calculate how much discount will be awarded for each customer if they are eligible. Include an Average calculation in the Total row for Discount Offered. What was the average Discount Offered?