Spreadsheets WGU Questions and Verified Answers | Passed | A+
Question 1 Main Concept : Payment How to find Interest Amount How to find Principal Amount How to find Balance Amount Total Amount Paid Total Interest Paid Sum Check Calculation How to find monthly interest amount? : Previous balance X Monthly Interest Rate How to find monthly principal amount? : Monthly payment - monthly interest amount 2 How to find balance amount? : Previous balance - principal How to find total amount paid? : Payment times term (months) How to find total interest paid? : Add all of the monthly interest charges How to do Sum Check Calulation? : Total amount paid - initial balance (Checking to make sure the result for total interest paid is correct) Question #2 Main Conce
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