Join Dennis Taylor for an in-depth discussion in this video Creating heat maps using conditional formatting, part of Excel Tips Weekly.
- [Instructor] You may have heard the term heat map.…It's described on this worksheet…as a graphical representation of data…where the individual values contained in the matrix…are represented as colors.…We've got two different worksheets here.…The first one has to do with monthly payments…and these amounts could be easily readjusted…to reflect higher numbers or possibly used be for examples…like buying a car or boat or something like that…and similarly, we've got interest rates…across the top here.…What we'd would like to do…is have a whole series of answers here…showing us the monthly payment for each of these loans…based on the amount and the percent here…and let's say for the moment, all of these are 360 months.…
We're going to be doing this…by way of what's called a data table.…If you haven't seen that feature,…you'll see it on the data tab in the ribbon…and the forecast group under what-if analysis.…Data table, see the results…of multiple inputs at the same time.…We begin this process by putting in a master formula here…
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