Chapter 15: Creating Formulas for Financial Applications
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FIGURE 15.6
Using a one-way data table to display three loan calculations for various interest rates.
To create this one-way data table, follow these steps:
- Enter the formulas that return the results for use in the data table. In this example,
the formulas are in B6:B8. - Enter various values for a single input cell in successive columns. In this example,
the input value is interest rate, and the values for various interest rates appear in C10:I10. - Create a reference to the formula cells in the column to the left of the input values.
In this example, the range B11:B13 contains simple formulas that reference other cells.
For example, cell B11 contains the following formula:
=B6 - Select the rectangular range that contains the entries from the previous steps. In this
example, select B10:I13. - Choose Data ➪ Data Tools ➪ What-If Analysis ➪ Data Table. Excel displays the Data
Table dialog box, shown in Figure 15.7.
FIGURE 15.7
The Data Table dialog box.
- For the Row input cell field, specify the cell reference that corresponds to the vari-
able in your Data Table column header row. In this example, the Row input cell is B2. - Leave the Column input cell field empty. The Column input field is used for two-way
data tables, described in the next section.