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Default Solver Function - Making it Automatic

Hello,

I really appreciate any help I can get on this somewhat complex issue. I
will try to be as clear as possible.

Essentially, I am currently using Solver to evaluate the repayment amount
needed to give a designated Net Present Value over a designated time period.
Unfortunately, the PMT function cannot be used as there is more than one
"lending" of funds over the term. For example, whilst the initial Present
Value (amount lent) of a 24 month term may be $1000.00, 12 months into the
term we lend another $500.00. We refer to this is "MultiDraws". Hence, we use
Solver to find the constant repayment figures neccessary to give the required
IRR over the term taking into account the future drawdowns.

The problem I have is this - we do this for COUNTLESS scenarios, and every
month when we adjust our rates (required IRR), not only do we change the
"rate" cell, but we also then have to re-run the Solver function on all the
different scenarios.

Ideally, it would be excellent if we could just alter the "rate" cell and
have the repayment figure AUTOMATICALLY solved. I guess what I looking for is
the ability to make SOLVER AUTOMATED... The conditions/parameters of solver
will be the same every time, I'm just looking for a way to avoid going Tools
Solver Solve OK on EVERY affected cell (an extremely drawn-out process).


Surely there is a simple way to make the solving happen automatically, as a
normal function would?

I really, really really appreciate any assistance on this matter.

Regards,

James B
 
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