WGU C268 Spreadsheets Question and Answer [2026] | UPDATED ACTUAL Exam | 100% Verified Answers

WGU C268 Spreadsheets Question and Answer [2026] |
UPDATED ACTUAL Exam | 100% Verified Answers
• Calculate, in cell D20, the interest amount for period 1 by multiplying the balance in
period 0 (cell F19) by the loan interest rate (cell C13) divided by 12. Dividing the interest
rate by 12 results in the monthly interest rate. This formula is reusable. The interest for
a given period is always the monthly interest rate times the balance from the previous
period. . CORRECT ANSWER: =F19*$C$13/12

• Calculate, in cell E20, the principal amount for period 1. The principal amount is the
difference between the payment amount (cell C20) and the interest amount (cell D20)
for period 1. Construct your formula in such a way that it can be reused to complete the
"principal" column of the amortization table. . CORRECT ANSWER: =C20-D20

• Calculate, in cell F20, the balance for period 1. The balance is the difference between
the balance for period 0 (cell F19) and the principal amount for period 1 (cell E20). This
formula is reusable. The balance is always calculated as the difference between the
balance from the previous period and the principal amount for the current period. .
CORRECT ANSWER: =F19-E20

• Calculate, in cell G12, the total amount paid by multiplying the payment amount (cell
C15) by the term of the loan (cell C12). . CORRECT ANSWER: =C15*C12

• Calculate the total interest paid in cell G13. The total interest paid is the sum of all
interest paid in the "Interest" column of the amortization table. . CORRECT ANSWER:
=SUM(D20:D67)

• Check to see if the total interest calculation in the amortization table is correct. The
total interest paid is also equal to the difference between the total amount paid over the
course of the loan and the original loan amount. Insert a formula into cell G14 to
calculate the difference between the total amount paid and the original loan amount.
Notice the negative sign associated with the original loan amount. This value should
equal the total interest calculated using the amortization table. . CORRECT ANSWER:
=G12-ABS(C11)

• Assume you have made the first 36 payments on your loan. You want to trade the car
in for a new car. You believe that you can sell your car for $4000. Will this cover the
balance remaining on the car in period 36? Answer either "Yes" or "No" in cell G15 from
the drop-down menu. . CORRECT ANSWER: No

• Use the HLOOKUP function to complete the "Hourly Wage" column of table 1. Use the
"Employee" column of table 1 as the lookup_value and the "Employee Wage
Information" above table 1 as your reference table. . CORRECT ANSWER:
=HLOOKUP(D16,$E$11:$H$12,2,FALSE)

, • Use the AND function to complete the "Time Bonus?" column of table 1. An employee
earns a time bonus if the project's "Hours Worked" are fewer than the "Estimated
Hours" and if the work "Quality" is greater than 1. . CORRECT ANSWER:
=AND(E16<C16,H16>1)

• Use the OR function to complete the "Outcome Bonus?" column of table 1. An
employee earns an outcome bonus if the difficulty of a job is greater than 3 or if the
quality of their work is equal to 3. . CORRECT ANSWER: =OR(G16>3,H16=3)

• Use the IF function to complete the "Time Bonus $" column of table 1. If an employee
earns a time bonus (i.e., the corresponding cell in the "Time Bonus?" column is TRUE),
then "Time Bonus $" is the "Job Pay" for that project times the bonus percentage in cell
M11. Otherwise "Time Bonus $" is 0. . CORRECT ANSWER: =IF(I16,K16*$M$11,0)

• Use the IF function to complete the "Outcome Bonus $" column of table 1. If an
employee earns an outcome bonus (i.e., the corresponding cell in the "Outcome
Bonus?" column is TRUE), then "Outcome Bonus $" is the "Job Pay" for that project
times the outcome bonus percentage in cell M12; otherwise, "Outcome Bonus $" is 0. .
CORRECT ANSWER: =IF(J16,K16*$M$12,0)

• Use the IF function to complete the "Comments" column of table 1. Display "Good
Job" if both the "Hours Worked" are less than or equal to the "Estimated Hours" for a
project and the assessed "Quality" of that project is greater than 1. Display "Too Much
Time" if the "Hours Worked" on a project exceed the "Estimated Hours" for that project;
otherwise, display "Poor Quality." . CORRECT ANSWER:
=IF(AND(E16<=C16,H16>1),"Good Job",IF(E16>C16,"Too Much time","Poor Quality"))

• Use the VLOOKUP function to complete the "Employee" column of table 2. Use "Job
ID" from table 2 as your lookup_value(s) and table 1 as the reference table. .
CORRECT ANSWER: =VLOOKUP(B40,$B$16:$O$35,3,FALSE)

• Use the VLOOKUP function to complete the "Difficulty" column of table 2. Again, use
"Job ID" from table 2 as the lookup_value(s) and table 1 as the reference table. .
CORRECT ANSWER: =VLOOKUP(B40,$B$16:$O$35,6,FALSE)

• Use the COUNTIF function to complete the "# of Jobs" column in table 3. Reference
the appropriate field in table 1 as your range and the "Employee" names in table 3 as
your criteria. . CORRECT ANSWER: =COUNTIF($D$16:$D$35,G39)

• Use the SUMIF function to complete the "Total Hours" column in table 3. Reference
the appropriate field in table 1 as your range and the "Employee" names in table 3 as
your criteria. . CORRECT ANSWER: =SUMIF($D$16:$D$35,G39,$E$16:$E$35)

• Use the SUMIF function to complete the "Total Pay" column in table 3. Reference the
"Employee" field in table 1 as your range, the "Employee" names in table 3 as your