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How To Use The Goal Seek Function In Excel

How To Use The Goal Seek Function In Excel - You can use goal seek to determine what interest rate you must secure in order to meet your loan goal. You can also create forecasts by using the fill handle and various commands that are built into excel. Use solver to find an optimal (maximum or minimum) value for a formula in one cell—called the objective cell—subject to constraints, or limits, on the values of other formula cells on a. You can use goal seek when you know the desired result of a single formula but not the input value the formula needs to determine the result. Copy the example data in the following table, and paste it in cell a1 of a new excel worksheet. Functions can be used to perform simple or. Functions are predefined formulas that perform calculations by using specific values, called arguments, in a particular order, or structure. Cells b1, b2, and b3 are the values for the loan amount, term length, and interest. Goal seek works differently from scenarios and data tables in that it takes a result and determines possible input values that produce that result. See the article use goal seek to.

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