C268 practice exam - Study guides, Class notes & Summaries
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C268 Practice Exam Questions and Answers 2023/24
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C268 PRACTICE EXAM QUESTIONS AND ANSWERS 2023/24 [DATE] 
C268 Practice Exam Questions and Answers 2023/24 
1. 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. [34 Points] 
CORRECT ANSWER: -=PMT(Rate/#months of term,LoanAmt) Answer- =PMT(C13/12,C12,C11) 
2. Calculate, in cell D20, the interes...
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WGU C268 Practice Exam - Questions & Answers
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WGU C268 Practice Exam - Questions & Answers
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C268 Practice Exam Questions With Verified Answers
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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. [34 Points] - Answer =PMT(Rate/#months of term,LoanAmt) 
=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. Divi...
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C268 Practice Exam Questions and Answers (Complete Solution) 100- VERIFIED. 2023
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C268 Practice Exam Questions and Answers (Complete Solution) 100- VERIFIED. 
 
 
Amortization 
 
Scenario: You have decided to purchase a new car. You plan to take out a loan to pay for the car. The loan amount is $18,900. You will pay an interest rate of 6.5% and plan to pay off the car in 48 months. You want to calculate the total amount of money and the total amount of interest you will pay over the course of the loan. To help you with these calculations, you decide to construct an amortizat...
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C268 Practice Exam Questions and Answers (C268)
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Exam (elaborations) C268 Practice Exam Questions and Answers (C268) 
Amortization 
Scenario: You have decided to purchase a new car. You plan to take out a loan to pay for the car. The loan amount is $18,900. You will pay an 
interest rate of 6.5% and plan to pay off the car in 48 months. You want to calculate the total amount of money and the total amount of interest 
you will pay over the course of the loan. To help you with these calculations, you decide to construct an amortization table. A...
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WGU C268 EXAM PRACTICE COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS GRADE A+
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WGU C268 EXAM PRACTICE COMPREHENSIVE QUESTIONS AND VERIFIED ANSWERS GRADE A+
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C268 Practice Exam Questions and Answers
- Exam (elaborations) • 11 pages • 2021
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Amortization 
 
Scenario: You have decided to purchase a new car. You plan to take out a loan to pay for the car. The loan amount is $18,900. You will pay an interest rate of 6.5% and plan to pay off the car in 48 months. You want to calculate the total amount of money and the total amount of interest you will pay over the course of the loan. To help you with these calculations, you decide to construct an amortization table. An amortization table provides details about the payment, interest amou...
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C268 Practice Exam Questions and Answers (Complete Solution)
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C268 Practice Exam Questions and Answers (Complete Solution) 
Amortiza 
 
tion 
 
Scenario: You have decided to purchase a new car. You plan to take out a loan to pay for the car. The loan amount is $18,900. You will pay an 
 
interest rate of 6.5% and plan to pay off the car in 48 months. You want to calculate the total amount of money and the total amount of interest 
 
you will pay over the course of the loan. To help you with these calculations, you decide to construct an amortization table....
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C268 Practice Exam Questions and Answers (Complete Solution) 	Amortization	
- Exam (elaborations) • 11 pages • 2021
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Scenario: You have decided to purchase a new car. You plan to take out a loan to pay for the car. The loan amount is $18,900. You will pay an interest rate of 6.5% and plan to pay off the car in 48 months. You want to calculate the total amount of money and the total amount of interest you will pay over the course of the loan. To help you with these calculations, you decide to construct an amortization table. An amortization table provides details about the payment, interest amount, principal am...
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Practice Exam Questions and Answers ALL ANSWERS 100% CORRECT FALL-2021/2022 SOLUTION GUARANTEED GRADE A+
- Exam (elaborations) • 11 pages • 2021
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Scenario: You have decided to purchase a new car. You plan to take out a loan to pay for the car. The loan amount is $18,900. You will pay an interest rate of 6.5% and plan to pay off the car in 48 months. You want to calculate the total amount of money and the total amount of interest you will pay over the course of the loan. To help you with these calculations, you decide to construct an amortization table. An amortization table provides details about the payment, interest amount, principal am...
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