WGU C268 Spreadsheets C268: Final OA Study Guide with complete solution
Adds the individual numbers or the numbers included in the range(s). -
... [Show More] CORRECT ANSWER SUM()
Counts the number of cells in a range of cells that contain numbers. - CORRECT ANSWER COUNT()
Counts the number of cells in a range of cells that are not blank - CORRECT ANSWER COUNTA()
Calculates the simple average of a set of numbers - CORRECT ANSWER AVERAGE()
Returns the largest value in a set of numbers - CORRECT ANSWER MAX()
Returns the smallest value in a set of numbers - CORRECT ANSWER MIN()
Calculates the interest rate earned for an investment - CORRECT ANSWER RATE()
Calculates the annual percentage rate for an interest rate - CORRECT ANSWER EFFECT()
Calculates the number of payments that will be made to pay off a loan - CORRECT ANSWER NPER()
Calculates the payment amount for a loan - CORRECT ANSWER PMT()
Calculates the current value of an investment (accounting for compound interest) - CORRECT ANSWER PV()
Calculates the future value of an investment - CORRECT ANSWER FV()
Combines Boolean expressions to determine if ALL of the combined expressions are TRUE - CORRECT ANSWER AND()
Combines Boolean expressions to determine if ANY of the combined expressions are TRUE - CORRECT ANSWER OR()
Check to see if a Boolean expression is not evaluated as TRUE - CORRECT ANSWER NOT()
Build on Boolean logic and specify the results depending on the results of the Boolean expression - CORRECT ANSWER IF()
Determine (count) the number of cells within a range of cells that contain a specific value - CORRECT ANSWER COUNTIF()
Calculate the total (sum) for a set of values that match a specific criterion - CORRECT ANSWER SUMIF()
Calculate the average for a set of values that match a specific criterion - CORRECT ANSWER AVERAGEIF()
Returns the related value from the specified column after finding the match in the first column - CORRECT ANSWER VLOOKUP()
Returns the related value from the specified row after finding the match in the first row - CORRECT ANSWER HLOOKUP()
The length, in number of characters, of a block of text - CORRECT ANSWER LEN()
The position of a specific character, word, or phrase within a block of text - CORRECT ANSWER SEARCH()
Returns the specified number of characters starting from the beginning of a block of text - CORRECT ANSWER LEFT()
Returns the specified number of characters from the middle of a block of text - CORRECT ANSWER MID()
Returns the specified number of characters starting from the end of a block of text - CORRECT ANSWER RIGHT()
Combines blocks of text - CORRECT ANSWER CONCATENATE()
Calculates the standard deviation for a sample. (Use STDEV.P to calculate the standard deviation for a population.) - CORRECT ANSWER STDEV.S()
The confidence interval or range of values that we believe the "true" population value falls into - CORRECT ANSWER CONFIDENCE.NORM()
Calculates the correlation coefficient between two sets of values - CORRECT ANSWER CORREL()
Calculates, or predicts, a future value along a linear trend by using existing values - CORRECT ANSWER FORECAST()
^^ How to calculate payment amount for a loan - CORRECT ANSWER In the cell next to the word payment enter: =PMT(rate [select the field with the interest rate]/12 [you put /12 because its monthly and there are 12 months in a year], nper [select the field with the term], pv [select the field with the principal value] - this will produce the results
Example: =PMT(C13/12, C12, C11)
^^ Calculate, in cell D20, the interest amount for period 1 b [Show Less]