Method of viewing various situations in a formula. For example, in Microsoft Excel, you can perform a what-if evaluation by placing different values into a cell and comparing the results. As seen in the examples below, using a spreadsheet program, a user could manipulate the interest rate and determine what a monthly payment is.
Example One
Example Two
The following Excel formula could be used to figure out this mortgage monthly payment assuming that the values were in the B column.
=-PMT(B3/12,B2*12,B1)
Formula, If statement, Spreadsheet terms