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What is goal seek in Excel? The goal seek function is a built-in what-if analysis tool in Microsoft Excel. Goal seek helps to get one correct input value when only the desired value for the output is known. The function essentially back-solves the problem by feeding in guesses until it finds the solution.
Goal Seek requires a single input cell and a single output (formula) cell. Use the Solver in Excel to solve problems with multiple input cells. Sometimes you need to start with a different input value to find a solution.
If you know the result you want from a formula but aren't sure which input is needed to get that result, use Excel's Goal Seek feature.
Sep 21, 2023 · Goal Seek in Excel is a built-in tool that allows you to find the input value needed to achieve a specific goal or target in a formula. It is particularly useful for solving equations, calculating effective interest rates, performing what-if analysis, and determining percentages.
Mar 16, 2023 · Goal Seek is Excel's built-in What-If Analysis tool that shows how one value in a formula impacts another. More precisely, it determines what value you should enter in an input cell to get the desired result in a formula cell.
Jun 17, 2024 · What Is Goal Seek in Excel? Excel’s Goal Seek is a dynamic tool that empowers you to solve complex equations effortlessly. It’s particularly useful for backward calculations, enabling you to set the result of a mathematical equation. Then Excel determines the necessary input to achieve the result.
Goal Seek is a what-if analysis tool in Excel that allow users to find the required number to achieve a targeted goal (result or value). In simple words, the Goal Seek in Excel feature helps us find the input value to obtain the targeted output automatically.
Jun 2, 2022 · What Is Goal Seek in Excel? Goal Seek Examples. Have you ever had a financial goal you sought but weren't exactly sure how to get there? Using Goal Seek in Microsoft Excel, you can determine what you need to accomplish your goal.
Jun 20, 2021 · The Goal Seek tool can be used to determine an unknown numerical figure to seek a particular goal number. Microsoft Excel can be used for analyzing highly utilitarian metrics like demand and sales forecasting, predicting, mathematical calculations, and more. Steps to use Goal Seek in Excel.
Feb 11, 2024 · Goal Seek is a feature of the What-If Analysis Command in Excel. This feature helps to find a specific input value for the desired output from a formula. You can solve many real-life problems by using this feature. This feature uses the trial and error method to back-calculate the input value.
