At the beginning of year 1, your auto-insurance premium for the next year is $300. if you have 0 accidents in a year your premium for the next year drops 10 percent, if you have 1 accident in a year your premium for the next year increases10 percent, and if you have 2 accidents in a year your premium for the next year increases 30 percent. set up a spreadsheet that will determine the premium cost for years 1–30. (hint: # of accidents are up to you. idea is to create an if formula that will return the correct auto insurance premium in each year for any number of accidents.)

Consider the following explanation.

Explanation:

step 1. Excel formula that will determine the premium cost for years 1-30 is as follow :

A=Accident

formula as follows,

step 2. if(a=0,(300-300*10%),if(a=1,(300+300*10%),if(a=2(300+300*20%

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