Excel's Goal Seek feature helps with reverse calculations in financial planning, like CVP analysis. Goal Seek can assist in NPV analysis by determining selling prices to reach certain targets.

Launch Excel. Create a loan table with Loan Amount, Interest Rate, Term in months, and Monthly Payment. Use the PMT function to calculate the Monthly Payment Now, we will use Goal Seek.

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.