Question for Excel Gurus
Question for Excel Gurus
Is there a way to have cells be interdependant on the same formula(s)?
Basically, there are three cells. They are all related by the same formulas. When I change one, it should recalculate the others.
Example - Mortgage loan:
Now, if I change the down payment to 120,000, the down payment % should change to 40%. If I change the % to 10%, then the down payment should change to 30,000.
Is there a way to do this?
Basically, there are three cells. They are all related by the same formulas. When I change one, it should recalculate the others.
Example - Mortgage loan:
Code:
Home price = 300,000 Down Payment = 60,000 Down Payment % = 20%
Is there a way to do this?
Originally Posted by phipark
However, you'll need two separate lists because you'll form a circular reference if you want to have two different variables in one formula.
Originally Posted by pmptx
data table is the function you are looking for. Use the help and you can easily apply this.
you can do single or dual variables
you can do single or dual variables
You put all of the potential inputs along the left and top of the table
DOWN PAYMENT AMOUNTS HERE______>
L
O
A
N This populates with the calculated numbers
A as a grid of percentages
M
T
S
H
E
R
E
DOWN PAYMENT AMOUNTS HERE______>
L
O
A
N This populates with the calculated numbers
A as a grid of percentages
M
T
S
H
E
R
E
^^ That just seems like more work than should be necessary. I shouldn't need to create a table to calculate a formula. What I'm trying to emulate is the "Solver" function on an HP calculator. I have three variables and one equation. If I set any two of the variables, I should be able to solve for the remaining variable. Perhaps Excel just doesn't have this cabaility?
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Originally Posted by moeronn
Is there a way to do this?
Just make two rows
-------------A-------------------------B-----------------C--------------D
1 Down based on %------$160,000.00----"=D1*B1"--------10%
2 % based on Down------$160,000.00----$20,000.00------"=C2/B2"
Originally Posted by pmptx
Goal seek and solver are both functions which can fill this gap.
Solver is complex, gaol seek is more basic.
Data>Goal seek
Solver is complex, gaol seek is more basic.
Data>Goal seek
You can not have a cell contain a formula, and expect to place a value in it for another cell to make a calculation later. The cell will either contain a formula to provide a result, or a value for other cells to perform calculations off of with thier formulas.
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