DATA TABLE
Financial Modeling in Excel
A great tool for your what-if analysis. A range of cells in which you can change values in some of the cells and come up with different answers to a problem.
How to create it?
1.
Instructions
Write down input data
Example
Interest rate, number of periods and starting amount if you want to see how your savings amount would differ under different scenarios
2.
Instruction
Calculate the value you want to find out
Example
Savings amount from the initial input data
3.
Instruction
Write down additional input data you want to test
Example
Changes in interest rate, starting amount
4.
Instruction
Go to Data -> What-If Analysis -> Data Table
5.
Instruction
Put in row and column input cell that corresponds to the layout you have created in step #3 and press OK
Example
Row input cell - interest rate from initial input data; Column input cell - starting amount from initial input data
By changing the initial input data, your data table will update too!
Comments
Post a Comment