C268 Spreadsheets REVIEW
QUESTIONS AND VERIFIED
CORRECT ANSWERS
GRADED A+ [LATEST] 100%
GUARANTEED PASS
PMT function - CORRECT ANSWER-calculates the periodic payment for a loan with a fixed
interest rate and fixed term
=PMT(rate,nper,pv)
Interest rate (divided by 12 months), the number of payments to be made to pay off the loan,
the original loan amount.
HLOOKUP function - CORRECT ANSWER-A lookup function that searches horizontally across the
top row of the lookup table and retrieves the value in the column you specify.
=HLOOKUP(lookup_value, table_array, col_index_num, range_lookup)
Lookup information, the location of the reference table, the column in the table that contains
the information that is returned, true if an approximate match is OK and FALSE if an
approximate match is not okay.
AND function - CORRECT ANSWER-Combines Boolean expressions to determine if ALL of the
combined expressions are TRUE.
, =AND(logical1, [logical2],...)
First Boolean expression, second Boolean expression (as needed), additional Boolean
expression(s) as needed
OR function - CORRECT ANSWER-Combines Boolean expressions to determine if ANY of the
combined expressions are TRUE.
=OR(logical1, [logical2],...)
First Boolean expression, second Boolean expression(as needed), additional Boolean
expressions (as needed)
VLOOKUP function - CORRECT ANSWER-Returns the related value from the specified column
after finding the match in the first column.
=VLOOKUP(lookup_value, table_array, col_index_num, range_lookup)
COUNTIF function - CORRECT ANSWER-Determine (count) the number of cells within a range of
cells that contain a specific value.
=COUNTIF(range,criteria)
The range of cells within which to count the number of matches, the specific value to match the
cells in the specific range
SUMIF function - CORRECT ANSWER-Calculates the total sum for a set of values that match a
specific criterion.
=SUMIF(range,criteria,[sum_range])
The range of cells within which to search for a match to the criterion, the specified criterion
used to find the matches, the range of cells to be included when the total is calculated
QUESTIONS AND VERIFIED
CORRECT ANSWERS
GRADED A+ [LATEST] 100%
GUARANTEED PASS
PMT function - CORRECT ANSWER-calculates the periodic payment for a loan with a fixed
interest rate and fixed term
=PMT(rate,nper,pv)
Interest rate (divided by 12 months), the number of payments to be made to pay off the loan,
the original loan amount.
HLOOKUP function - CORRECT ANSWER-A lookup function that searches horizontally across the
top row of the lookup table and retrieves the value in the column you specify.
=HLOOKUP(lookup_value, table_array, col_index_num, range_lookup)
Lookup information, the location of the reference table, the column in the table that contains
the information that is returned, true if an approximate match is OK and FALSE if an
approximate match is not okay.
AND function - CORRECT ANSWER-Combines Boolean expressions to determine if ALL of the
combined expressions are TRUE.
, =AND(logical1, [logical2],...)
First Boolean expression, second Boolean expression (as needed), additional Boolean
expression(s) as needed
OR function - CORRECT ANSWER-Combines Boolean expressions to determine if ANY of the
combined expressions are TRUE.
=OR(logical1, [logical2],...)
First Boolean expression, second Boolean expression(as needed), additional Boolean
expressions (as needed)
VLOOKUP function - CORRECT ANSWER-Returns the related value from the specified column
after finding the match in the first column.
=VLOOKUP(lookup_value, table_array, col_index_num, range_lookup)
COUNTIF function - CORRECT ANSWER-Determine (count) the number of cells within a range of
cells that contain a specific value.
=COUNTIF(range,criteria)
The range of cells within which to count the number of matches, the specific value to match the
cells in the specific range
SUMIF function - CORRECT ANSWER-Calculates the total sum for a set of values that match a
specific criterion.
=SUMIF(range,criteria,[sum_range])
The range of cells within which to search for a match to the criterion, the specified criterion
used to find the matches, the range of cells to be included when the total is calculated
