A viewer wrote me seeking help with a formula. He was calculating a monthly payment for a loan using Excel’s PMT() Function and he was surprised at the result of the formula. I reviewed his formula and discovered that it was not a “formula problem.” Rather, it was a “results problem!” Watch this short video to see how I solved this problem for my viewer by using Excel’s “Goal Seek” tool. So now, instead of a monthly payment of $10,666.67, the result is $501.38 – a very different result!
You can download this video – for free – here on my website. Just click the button below the video image.
You can also subscribe to my Podcast, “Danny Rocks Tips and Timesavers” at the iTunes Store.
You can “Master Excel in Minutes – Not Months!”
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