WGU C268 EXCEL PA

Western Governors University

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WGU C268 Study Guide for EXCEL PA | 100% Correct | Verified | 2024 Version
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17

February 2024

2023/2024

A+
Calculate the payment amount for the loan in cell C15. Reference the cells containing the appropriate loan information as the arguments for the function you use. Cells C20-C67 in the "Payment" column are populated with the payment amount from cell C15. =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 int...
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