WGU C268 Spreadsheets : Final OA
Study Guide
Adds the individual numbers or the numbers included in the range(s). - Ans SUM()
Counts the number of cells in a range of cells that contain numbers. - Ans COUNT()
Counts the number of cells in a range of cells that are not blank - Ans COUNTA()
Calculates the simple average of a set of numbers - Ans AVERAGE()
Returns the largest value in a set of numbers - Ans MAX()
Returns the smallest value in a set of numbers - Ans MIN()
Calculates the interest rate earned for an investment - Ans RATE()
Calculates the annual percentage rate for an interest rate - Ans EFFECT()
Calculates the number of payments that will be made to pay off a loan - Ans NPER()
Calculates the payment amount for a loan - Ans PMT()
Calculates the current value of an investment (accounting for compound interest) - Ans
PV()
Calculates the future value of an investment - Ans FV()
Combines Boolean expressions to determine if ALL of the combined expressions are
TRUE - Ans AND()
Combines Boolean expressions to determine if ANY of the combined expressions are
TRUE - Ans OR()
Check to see if a Boolean expression is not evaluated as TRUE - Ans NOT()
Build on Boolean logic and specify the results depending on the results of the Boolean
expression - Ans IF()
Determine (count) the number of cells within a range of cells that contain a specific
value - Ans COUNTIF()
Calculate the total (sum) for a set of values that match a specific criterion - Ans SUMIF()
, Calculate the average for a set of values that match a specific criterion - Ans
AVERAGEIF()
Returns the related value from the specified column after finding the match in the first
column - Ans VLOOKUP()
Returns the related value from the specified row after finding the match in the first row -
Ans HLOOKUP()
The length, in number of characters, of a block of text - Ans LEN()
The position of a specific character, word, or phrase within a block of text - Ans
SEARCH()
Returns the specified number of characters starting from the beginning of a block of text
- Ans LEFT()
Returns the specified number of characters from the middle of a block of text - Ans
MID()
Returns the specified number of characters starting from the end of a block of text - Ans
RIGHT()
Combines blocks of text - Ans CONCATENATE()
Calculates the standard deviation for a sample. (Use STDEV.P to calculate the standard
deviation for a population.) - Ans STDEV.S()
The confidence interval or range of values that we believe the "true" population value
falls into - Ans CONFIDENCE.NORM()
Calculates the correlation coefficient between two sets of values - Ans CORREL()
Calculates, or predicts, a future value along a linear trend by using existing values - Ans
FORECAST()
^^ How to calculate payment amount for a loan - Ans In the cell next to the word
payment enter: =PMT(rate [select the field with the interest rate]/12 [you put /12
because its monthly and there are 12 months in a year], nper [select the field with the
term], pv [select the field with the principal value] - this will produce the results
Example: =PMT(C13/12, C12, C11)
^^ 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
Study Guide
Adds the individual numbers or the numbers included in the range(s). - Ans SUM()
Counts the number of cells in a range of cells that contain numbers. - Ans COUNT()
Counts the number of cells in a range of cells that are not blank - Ans COUNTA()
Calculates the simple average of a set of numbers - Ans AVERAGE()
Returns the largest value in a set of numbers - Ans MAX()
Returns the smallest value in a set of numbers - Ans MIN()
Calculates the interest rate earned for an investment - Ans RATE()
Calculates the annual percentage rate for an interest rate - Ans EFFECT()
Calculates the number of payments that will be made to pay off a loan - Ans NPER()
Calculates the payment amount for a loan - Ans PMT()
Calculates the current value of an investment (accounting for compound interest) - Ans
PV()
Calculates the future value of an investment - Ans FV()
Combines Boolean expressions to determine if ALL of the combined expressions are
TRUE - Ans AND()
Combines Boolean expressions to determine if ANY of the combined expressions are
TRUE - Ans OR()
Check to see if a Boolean expression is not evaluated as TRUE - Ans NOT()
Build on Boolean logic and specify the results depending on the results of the Boolean
expression - Ans IF()
Determine (count) the number of cells within a range of cells that contain a specific
value - Ans COUNTIF()
Calculate the total (sum) for a set of values that match a specific criterion - Ans SUMIF()
, Calculate the average for a set of values that match a specific criterion - Ans
AVERAGEIF()
Returns the related value from the specified column after finding the match in the first
column - Ans VLOOKUP()
Returns the related value from the specified row after finding the match in the first row -
Ans HLOOKUP()
The length, in number of characters, of a block of text - Ans LEN()
The position of a specific character, word, or phrase within a block of text - Ans
SEARCH()
Returns the specified number of characters starting from the beginning of a block of text
- Ans LEFT()
Returns the specified number of characters from the middle of a block of text - Ans
MID()
Returns the specified number of characters starting from the end of a block of text - Ans
RIGHT()
Combines blocks of text - Ans CONCATENATE()
Calculates the standard deviation for a sample. (Use STDEV.P to calculate the standard
deviation for a population.) - Ans STDEV.S()
The confidence interval or range of values that we believe the "true" population value
falls into - Ans CONFIDENCE.NORM()
Calculates the correlation coefficient between two sets of values - Ans CORREL()
Calculates, or predicts, a future value along a linear trend by using existing values - Ans
FORECAST()
^^ How to calculate payment amount for a loan - Ans In the cell next to the word
payment enter: =PMT(rate [select the field with the interest rate]/12 [you put /12
because its monthly and there are 12 months in a year], nper [select the field with the
term], pv [select the field with the principal value] - this will produce the results
Example: =PMT(C13/12, C12, C11)
^^ 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
