scenarios

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Scenarios

resolvedResolved · Medium Priority · Version 2003

Katie has attended:
Excel Advanced course

Scenarios

How do I use scenarios to calculate a loan amount over 20 months?

RE: Scenarios

Hiya Katie

How are you today, thanks for this question

The answer to this is you wouldn't do scenarios to calculate loan amounts, you would do calcs of loan amounts with either a PMT formula, or you can use a template called Loan Amortization fill in the boxes at the top left of the file

this should then work it all out for you

Hope this helps you

Mark East

mark@stl-training.co.uk

MOUS Master Instructor

 

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Excel tip:

Add Text to Displayed Numbers in Excel 2010

To add text to a number in a cell, you need to go to the Home tab on the Ribbon, and click on the Cells group. Select Format Cells from the drop down menu then Custom from the Category list. In the Type box select General. After the word General, enter a space, then opening quotation marks, then the word you want to type and then closing quotation marks. Click on OK and you have your text!

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