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Goal seek input dialog.
How to use excel goal seek. In the goal seek dialog enter the new what if amount in the to value. Set cell the reference to the cell containing the formula b5. Under calculation options decrease the maximum change value by inserting some zeros. In this example we re asking excel to replace the contents of cell d4 which is 0 64 with 0 67. The goal seek function part of excel s what if analysis tool set allows the user to use the desired result of a formula to find the possible input value necessary to achieve that result.
Select goal seek from the drop down menu. Other commands in the what if analysis tool set are the scenario manager and the ability to create data tables. The default value is 0 001. From the data tab select the what if analysis button. Use goal seek again.
Click on what if analysis drop down menu click on goal seek in the goal seek dialog box select b6 in the set cell enter 25000 in the to value. Hope you understood how to use goal seek function inm excel 2016. To display the insurance rate as a percentage appropriate for this example click the home tab at the top of excel click cell b3 then press ctrl shift. Go to the data tab forecast group click the what if analysis button and select goal seek in the goal seek dialog box define the cells values to test and click ok. On the file tab click options formulas.
Set cell the formula of the result to value the desired result of the formula by changing cell the value you want to adjust now let s apply them in a real life scenario. The goal seek tool is simple to use. In excel for mac 2011. More about goal seek. In excel 2016 for mac.
Excel returns an approximate solution. Steps to using goal seek create your formula within your spreadsheet select the cell that you want to change to output to from the data ribbon select what if analysis and select goal seek shortcut key alt a w g. Press ok and you will get dan s score. In the example goal seek determined that the interest rate is 7 02. How to use goal seek in excel.
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