WGU C268 Spreadsheets 2025/2026 Exam Questions Marking Scheme New Update | A+ Rated

A+

WGU C268 Spreadsheets 2025/2026
Exam Questions Marking Scheme New
Update | A+ Rated



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. [34 Points] - 🧠ANSWER ✔✔=PMT(Rate/#months of

term,LoanAmt)

=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 period. - 🧠ANSWER ✔✔=F19*$C$13/12



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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. - 🧠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. - 🧠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). - 🧠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. - 🧠ANSWER

✔✔=SUM(D20:D67)




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, A+
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. -

🧠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. - 🧠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. - 🧠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

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COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED