Start by creating a new file.



Create a rectangle of document size using rectangular shape tool. Double click the layer to open layer style window. Apply settings as shown.









This is what the image is suppose to look like or similar to after applying the above settings. In most cases, close enough is good enough!




Duplicate the layer. From layer menu select layer style>>create layers.

Select and merge all the resulting layers. Change the layer mode to "Multiply".



The end product should look like this.  Wasn't that just easy?!