I have a resource that has an hourly rental rate. That hourly rate has changed (increased) over time. To capture that rate history, I have created a table with the date of the rate change and the new rate that looks like this:
Date of rate change | Rate
2015-01-01 | $60
2017-01-01 | $65
2017-07-13 | $68
I am trying to create a formula that will look up the hourly rate based on the date of the transaction/rental and then determine what the rental rate would have been on that date. I figure there must be some way to do this with a vlookup but from the documentation, it looks like that function requires an exact match and I want to match based on the input date being after the date in the lookup table not an exact date.