Part 7 - Data Tables - Participants

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Practice: Data Tables Contents

The model
Interest Rate 5%
Term 30 Input values that can vary.
Principal $250,000

Monthly Payment $1,342.05 =PMT(interest rate/12, term * 12, principal)

Exercise 21-The One-Input Data Table

1. Complete the one-input Data Table that varies interest rate by highlighting the range B22:C29,
choosing Data, Table from Excel's menus, and entering the model interest rate cell (D6) in
the "Column" prompt. Hit OK.
2. Complete the one-input Data Tables below that vary term and principal in the same fashion.

Vary Interest Input Vary Term Input Vary Principal Input


Interest $1,342.05 Term $1,342.05 Principal
3.5% 5 $100,000
4.0% 10 $150,000
4.5% 15 $200,000
5.0% 20 $250,000
5.5% 25 $300,000
6.0% 30 $350,000
6.5% 35 $400,000

Exercise 22-The Two-Input Data Table

Complete the two-input Data Table that varies both interest rate and term by highlighting the range
B43:H50, choosing Data, Table from Excel's menus, entering the model interest rate cell (D6) in the
"Column" prompt, and entering the model term (D7) in the "Row" prompt. Hit OK to complete
execution.

Column
$1,342.05 5 10 15 20 25 30
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%

Column
$1,342.05 100,000.00 150,000.00 200,000.00 250,000.00 300,000.00 350,000.00
3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
12, principal)

B22:C29,
D6) in

fashion.

ary Principal Input


$1,342.05

Row
Row

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