How to Use Goal Seek?
Use Goal Seek to Determine the Interest Rate on the Data Tab, in the Data Tools Group, Click What-If Analysis, and Then Click Goal Seek. in the Set Cell Box...
Use Goal Seek to determine the interest rate
- On the Data tab, in the Data Tools group, click What-If Analysis, and then click Goal Seek.
- In the Set cell box, enter the reference for the cell that contains the formula that you want to resolve. ...
- In the To value box, type the formula result that you want.
How do you use Goal Seek in Excel?
How to Use Excel Goal Seek
- Create a spreadsheet in Excel that has your data. ...
- Click the cell you want to change. ...
- From the Data tab, select the What if Analysis… ...
- Select Goal seek… from the drop-down menu.
- In the Goal Seek dialog, enter the new “what if” amount in the To value: text box.
What is Goal Seek explain with example?
Technically, Goal Seek is a process of calculating a value by performing what-if analysis on a given set of values. For our purposes, Excel's Goal Seek feature lets you adjust a value used in a formula to achieve a specific goal. ... Calculating the terms of a loan is a good example of a what-if situation.
Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.
