Excel can solve for unknown variables, either for a single cell with Goal Seek or multiple cells with Solver.

Learn how to use Excel’s What-If Analysis tools, including Goal Seek and Scenario Manager, to explore different scenarios and outcomes based on variable data inputs.

This month’s column shows how to use Excel’s Goal Seek for data analysis.

TL;DR Key Takeaways : Excel’s “ What-If Analysis ” tools, including Goal Seek and Scenario Manager, simplify financial decision-making by automating calculations and analyzing various scenarios.