WGU C268 Spreadsheets Formulae Practice Test Correctly Solved A

WGU C268 Spreadsheets Formulae Practice Test
Correctly Solved A+

1). Pmt function

 Ans: 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.


2). Hlookup function

 Ans: 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.


3). And function

 Ans: 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




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