WGU C268 Spreadsheets C268-with 100% verified solutions-2022-2024
Document Content and Description Below
WGU C268 Spreadsheets C268-with 100% verified solutions-2022-2024 Calculate the payment amount for the loan in cell C15. Reference the cells containing the appropriate loan information as the argum... ents for the function you use. Cells C20-C67 in the "Payment" column are populated with the payment amount from cell C15. =PMT(C13/C12,C12,C11,0,) 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*0.65/12 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 "p CONTINUED.. [Show More]
Last updated: 2 years ago
Preview 1 out of 3 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$9.00
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
Nov 26, 2022
Number of pages
3
Written in
Additional information
This document has been written for:
Uploaded
Nov 26, 2022
Downloads
0
Views
51
