1. Modeling a Simple Investment: Type in the amount invested, the possible returns, and the corresponding probabilities
2. Label column A and B “Return” and “Wealth,” respectively in A11 and B10
3. Enter =DISCRINV(RAND(),$B$2:$B$7,$A$2:$A$7) into cell A12 and copy down to cell A21
4. Enter =D2 into cell B11
5. Enter =B11*A12 into cell B12 and copy down to cell B21
6. Create a Monte Carlo Simulation: Enter =B21 into cell B23
7. Enter =B21 into cell B23
8. Click Tools > SimTools > Simulation Table