WGU C268 FULL QUESTIONS AND
CORRECT RESPONSES FORESIGHT
ASSESSMENT 2026.
◉ 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.
f Answer: =F19*0.065/12
◉ Copy the Interest amount calcualtion down to complete the
"interest" column of the amortization table. Answer: Paste down
column .
◉ 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
◉ Copy the principal amount calculation down to complete the
"principal" column of the amortization table. Answer: Copy and paste
down.
, ◉ 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
◉ Copy the balance amount calculation down to complete the
balance column of the amortization table. Answer: Copy and paste
down.
◉ 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)
◉ 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-G13
CORRECT RESPONSES FORESIGHT
ASSESSMENT 2026.
◉ 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.
f Answer: =F19*0.065/12
◉ Copy the Interest amount calcualtion down to complete the
"interest" column of the amortization table. Answer: Paste down
column .
◉ 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
◉ Copy the principal amount calculation down to complete the
"principal" column of the amortization table. Answer: Copy and paste
down.
, ◉ 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
◉ Copy the balance amount calculation down to complete the
balance column of the amortization table. Answer: Copy and paste
down.
◉ 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)
◉ 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-G13
