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Working with Goal Seek

Here's a what-if question for you: What if you already know the result you want? For example, you might know that you want to have $50,000 saved to purchase new equipment five years from now, or that you have to achieve a 30% gross margin in your next budget. If you need to manipulate only a single variable to achieve these results, you can use Excel's Goal Seek feature. You tell Goal Seek the final value you need and which variable to change, and it finds a solution for you (if one exists).

→ For more complicated scenarios with multiple variables and constraints, you need to use Excel's Solver feature. SeeSolving Complex Problems with Solver,” p. 377.



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