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#Goal seek excel full
all formulas are written in full and without errors.Excel is an electronic spreadsheet program for storing, organizing and manipulating data, it is used extensively in fields such as economics and finance because it's an extremely useful tool that can be deceptively simple to use, making it apparently perfect for ad-hoc calculations.the value of the desired result is expressed by the formula.The «Goal Seek» function works correctly, if: To get an increase in 2000, you need monthly transfer to the funded part of the pension of 1000 with 41 years. The cell with the formula for calculating pension increases is active - call the command «Goal Seek».the desired increase to the pension - 2000.įrom what age you should pay 1000 in additional insurance premiums to get an increase to the pension in 2000:.the expected period of payment of the retirement pension - 228 months.the pension savings – the estimated value (accumulated amount in the period by a member, the state increased in 2 times).the period of payment of additional premiums – is the calculated value of (the retirement age (in this example - for a man) minus the age of the participant of the program at the time of his accession).The example 2: Calculate the possible increase in old-age pension due to the participation in the state program of co-financing. To 10 years to get 500 000 at 10% per annum, it is required to make 193 050.2 Fill in the fields:Īfter the command Excel outputs the result: In the cell B4 (the compounding ratio) – is the formula = (1 + B3) ^ B2.Ĭall the «Goal Seek» command window. We insert the input dates into the table: the sum payment at the end of the period – is the desired number (500 000).the compounding ratio – the calculated value.The selection method of the initial investment amount (of contribution). To select the input values, is used the built-in command. The function in Excel «Goal Seek» is used when the result of the formula is known, but the initial setting to get the result is unknown. The examples of selection the parameter in Excel If, for example, we put in the cell E2 we put the seed -2, the solution will be another.
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Regardless of that, how the equation has the solutions. The function «Goal Seek» returns search results as the first value found. The found argument appears in the cell reserved for it.
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To calculate the monthly payments using the =PLT() function. The percentage rate is unknown, so the cell B3 is empty. Complete to the table by the input information. It is necessary to choose the interest rate on the loan, if we know the amount of money and timefrime. We contemplate to the function «Selection parameters» in Excel in the example now. For example, you know the result of some kind of formula.