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Have you ever used Excels What-If Analysis Data Table? How does it work and what is it good for? Well, if you watch this video, you might realize that this feature is what you need to replace your many formulas or complicated analysis. Lets quickly take a look. Okay, so, youre saving up for your retirement, and youre thinking, how much could I afford to pay into my retirement fund each single month?. The number you come up with is $200. So, Im putting minus 200 here, because its a cash outflow, its leaving your bank account and going into your fund. The number of years you have till retirement, lets say, 20 years and the yearly interest rate you could get now, lets say, is 4%. How much are you going to have in this retirement fund after 20 years? Lets do the calculation. The function you need here is the Future Value function or the FV function in Excel. The first argument we need is the rate, this is our interest rate. But here, you have to be
