WGU C268 Spreadsheets - Useful formula guide Questions and Answers (2022/2023) (Verified Answers)

WGU C268 Spreadsheets - Useful formula guide Questions and Answers (2022/2023) (Verified Answers) 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 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 =F19*C$13/12 Copy the Interest amount calcualtion down to complete the "interest" column of the amortization table. 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. =C20-D20 Copy the principal amount calculation down to complete the "principal" column of the amortization table. 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. =F19-E20 Copy the balance amount calculation down to complete the balance column of the amortization table. 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). =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. =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. =G12+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. 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. =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 "Estimated Hours" and if the work "Quality" is greater than 1. =AND(E16C16,H161) Use the OR function to complete the "Outcome Bonus?" column of table 1. An employee earns an outcome bonus if the difficulty of a job is greater than 3 or if the quality of their work is equal to 3. =OR(G163,H16=3) Use the IF function to complete the "Time Bonus $" column of table 1. If an employee earns a time bonus (i.e., the corresponding cell in the "Time Bonus?" column is TRUE), then "Time Bonus $" is the "Job Pay" for that project times the bonus percentage in cell M11. Otherwise "Time Bonus $" is 0. =IF(I16=True, K16*M$11,0) Use the IF function to complete the "Outcome Bonus $" column of table 1. If an employee earns an outcome bonus (i.e., the corresponding cell in the "Outcome Bonus?" column is TRUE), then "Outcome Bonus $" is the "Job Pay" for that project times the outcome bonus percentage in cell M12; otherwise, "Outcome Bonus $" is 0. =IF(J16=True, K16*M$12,0) Use the IF function to complete the "Comments" column of table 1. Display "Good Job" if both the "Hours Worked" are less than or equal to the "Estimated Hours" for a project and the assessed "Quality" of that project is greater than 1. Display "Too Much Time" if the "Hours Worked" on a project exceed the "Estimated Hours" for that project; otherwise, display "Poor Quality." =IF(AND(E16=C16, H161) , "Good Job", IF(E16C16,"Too Much Time","Poor Quality")) Use the Vlookup Function to complete the "employee" column of table 2. Use "job Id" from table 2 as your lookup_value(s) and table 1 as your reference. =vlookup(B40,B$16:D$35,3) Use the Vlookup function to complete the "difficulty" column of Table 2. Again use "job ID" from table 2 as the lookup_value(s) and table 1 as the reference table. =Vlookup(B40,B$16:H$35,6) Use the Countif function to complete the #of Jobs, column in table 3. Reference the "employee" names in table three as your criteria. =Countif(B16:D35,G39) Use the SUMIF function to complete the "total hours" column in table 1 as your range and the "employee" names in table three as your criteria. =sumif(D$16:D$35, G39, E$16:E$35) Use the SUMIF function to complete the "Total Pay" column in table 3. Reference the "Employee" field in table 1 as your range, the "Employee" names in table 3 as your criteria, and the "Total Pay" field in table 1 as your sum_range. =SUMIF(D$16:D$35,G39,N$16:N$35) Use the COUNTIF function to complete the "# of Touch-ups" column in table 4. Reference the appropriate field in table 2 as your range and the "Difficulty" rating in table 4 as your criteria. =COUNTIF(D$40:D$46,G46) Use the SUMIF function to complete the "Cost Touch-ups" column in table 4. Reference the appropriate field in table 2 as your range and the "Difficulty" rating in table 4 as your criteria. =SUMIF(D$40:D$46,G46,E$40:E$46) Use the AVERAGEIF function to complete the "Average Hours/Job" column in table 4. Reference the appropriate field in table 1 as your range and the "Difficulty" rating in table 4 as your criteria. =AVERAGEIF(G$16:G$35,G46,E$16:E$35) Construct a column chart to examine the total annual revenue for Google, Inc. from 2003 to 2010, using the data in table 1 (range C12:J12). Format the chart with the title "Total Google Revenue" and the years across the horizontal axis. Do not include a legend. Note: in order for the grading engine to identify the chart for grading, the title must be precisely, "Total Google Revenue" (without the quotes). Drag from C12:J12 and click on quick analysis. Click on bar graphs. Click on numbers below graph and click select data. Click on edit drag on Table 1 (Quarters) =Google!$C$7:$J$7 (The Dates). Add a linear trendline to the "Total Google Revenue" chart. Click on design and then add chart element. Click on trendline then click on linear. Construct a stacked column chart to compare the revenue totals for each year, using the quarterly revenue totals (range C8:J11). Format the chart with the title "Google Revenue by Quarter," the year as the horizontal axis, and a legend that depicts each quarter using the text labels provided in the tables. Do not include the total annual revenue (range C12:J12) in the chart. Note: in order for the grading engine to identify the chart for grading, the title must be precisely, "Google Revenue by Quarter" (without the quotes). Drag from C8:J11 and click on quick analysis. Click on chart then more charts. Then click on stack columns. Then click on the numbers logo underneath the bar graph to get to the select data logo. Then click on edit and drag on Table 2 Segment =Google!$C$15:$J$15 (The Dates). After click on the series logo and then click select data. Click Series 1 and edit it as Total Q1 Revenue (=Google!$B$8). Construct a pie chart to compare the business segments for 2010 (range J16:J18). Format the chart with the title "Google Revenue by Business Segment"