WGU - C268 SPREADSHEETS
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
G36 = 5,193.87 $4,000 is not enough
Use the HLOOKUP function to complete the "Hourly Wage" column of table 1. Use
the "Employee" from 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, 0)
horizontal lookup (Jim, absolute value E and 11 through absolute value H and 12,
2nd column, Exact)
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(E16<C16,H16>1)
And used when all logical functions are true. (E16 greater than C16, AND H16
greater than 1)
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(G16>3,H16>=3)
when either logical functions need to be true. (G16 greater than 3, OR 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)
IF I16 is true, it will *.010, if not, it will display false.
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)
IF J16 is true, it will *.010 the Out come percentage bonus
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.
PMT=(c13/12,c12,c11)
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