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Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition
book

Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition

by Wayne Winston
December 2021
Beginner to intermediate
1168 pages
30h 17m
English
Microsoft Press
Content preview from Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365), 7th Edition

Chapter 18

The Goal Seek command

Questions answered in this chapter:

  • For a given price, how many glasses of lemonade does a lemonade store need to sell per year to break even?

  • We are buying a home and want to pay off our mortgage in 15 years. The annual interest rate is 6 percent. The bank told us we can afford monthly payments of $2,000. How much can we borrow?

  • I always had trouble with story problems in high-school algebra. Can Excel make solving story problems easier?

The Goal Seek feature in Office 365 enables you to compute a value for a worksheet input that makes the value of a given formula match the goal you specify. For example, using the lemonade store example in Chapter 17, “Sensitivity analysis with data tables,” suppose you have ...

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Publisher Resources

ISBN: 9780137613816