# Working with Formulas in Excel 2016 for Windows

Excel 2016 (Windows)    |    Intermediate
• 10 videos | 40m 3s
• Includes Assessment
Likes 116
In addition to simple formulas, Excel 2016 has the power to solve more complex calculations. Explore how to calculate loan interest and payments, use the Goal Seek and forecast tools, and find and prevent duplicate values.

## WHAT YOU WILL LEARN

• Calculating the interest on a loan
Simulating a loan
Reaching a target value
Solving a problem
Using the forecast tool
• Creating automatic reports
Preventing duplicate values

## IN THIS COURSE

• If you have taken out a loan, Excel 2016 can help you to estimate and manage your repayments. You can break the payments down into your interest repayments, your loan repayments, and your total repayments per period.
• Once you know how to use Excel 2016 to estimate your loan repayments, you can begin to simulate and compare different loan amounts, different interest rates, and even different lengths of time.
• 3.  Reaching a target value in Excel 2016 for Windows
If you use formulas to obtain certain results in your table, you can use the Goal Seek tool to reach a target value. This means that rather than adjusting the values and performing the calculations yourself, Excel 2016 can automatically obtain the value that you are looking for by modifying the necessary values in your table.
• 4.  Solving a problem in Excel 2016 for Windows
If you have a mathematical problem in your table which is governed by various different constraints, you can attempt to solve it automatically using Excel 2016's solver tools. You simply need to select the value that you wish to optimize, minimize or otherwise adjust and input the various constraints that will have an impact on your eventual result.
• 5.  Using the forecast tool in Excel 2016 for Windows
In Excel 2016, you can use one-click forecasting to make predictions based on historical data.
• 6.  Creating automatic reports in Excel 2016 for Windows
The SUMPRODUCT formula can be used to perform a sum calculation on data that corresponds to particular criteria. You can, for example, use it to create an automatic data report in Excel 2016.
• 7.  Finding identical values in your spreadsheet in Excel 2016 for Windows
Combining the SUMPRODUCT and COUNTIF formulas in Excel 2016 can help you to find identical values in your spreadsheet. This can be very useful if you need to tidy up your data tables and remove duplicates.
• 8.  Finding duplicates in your document in Excel 2016 for Windows
The COUNTA formula will return the number of non-empty cells in a data range. If you combine this calculation with the SUMPRODUCT and COUNTIF formulas in Excel 2016, you can obtain the number of different values in a range. This data can then be used to work out the number of duplicates that your data table contains.
• 9.  Visualizing your duplicate values in Excel 2016 for Windows
In Excel 2016, you can visualize any duplicates that have crept into your data table by combining conditional formatting with the IF formula. There is even a special conditional formatting tool that can be used to analyze a selected data range and highlight any duplicates that it finds.
• 10.  Preventing duplicate values in Excel 2016 for Windows
If you want to be absolutely sure that users only enter unique values in your data table, you can tell Excel 2016 to block duplicates and display an error message. To do this, you will need to know how to use the data validation tools.

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