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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