Technical requirements
Everything that I discuss in this chapter will work in any current version of Excel, except for the Forecast Sheet feature, which requires the Windows version of Excel 2016 or later. This feature is not available in Excel for macOS or Excel for the Web. However, you can view Forecast Sheets that have been created in Excel for Windows in the macOS and online versions.
An example workbook that contains all of the formulas used in this chapter, along with work areas so that you can try the features I discuss, can be found on GitHub at https://github.com/PacktPublishing/Exploring-Microsoft-Excels-Hidden-Treasures/tree/main/Chapter6.
Let’s lead with a look at a worksheet function that enables you to calculate loan payment amounts. I’ll be using this function, and others, throughout this chapter as we work through various What-If Analysis scenarios.