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Learn how to use Goal Seek in Excel to find the input value that produces a desired output from a formula. See examples of finding grades, loan amounts, and more, and how to adjust the iteration settings for precision.
Learn how to use the goal seek function in Excel to find the input value that gives you a specific output. See examples, tips, and alternatives for complex problems.
In this example, the monthly payment amount is the goal that you seek. Prepare the worksheet. Open a new, blank worksheet. First, add some labels in the first column to make it easier to read the worksheet. In cell A1, type Loan Amount. In cell A2, type Term in Months. In cell A3, type Interest Rate. In cell A4, type Payment.
16 de mar. de 2023 · Learn how to use Goal Seek in Excel to change an input value and get the desired result in a formula cell. See examples of using Goal Seek for different scenarios, such as reaching a profit goal, passing an exam, or winning an election.
21 de dic. de 2023 · In this section, we will use the Goal Seek feature in Excel with three examples to perform a what-if analysis. The first example will calculate the possible loan amount for a fixed monthly installment. The second example shows how to get the number of years required to get the desired profit.
Example 1. To illustrate how it works in a simple example, imagine that cell B1 (below) displays your monthly income, and cells B3 to B11 shows your expenses. Your savings (B14) are shown as the difference between the two and displayed as a percentage of your income in cell B15.
2 de jun. de 2022 · =B1*B2. . We want to find out how many units we must sell to reach our goal of $20,000 in total sales. For this, Goal Seek is ideal. Go to the Data tab, click the What-If Analysis drop-down arrow, and select "Goal Seek." In the small Goal Seek box, insert the following: Set Cell: Enter the cell reference containing the formula you want to change.
