Goal Seek: solve for an input¶
You know the answer you want — Goal Seek finds the input that produces it. Here: "what loan gives a $400/month payment?"
You'll need: abax only.
Run it¶
What you should see¶
Borrowing 25000 costs 495.03/month
For a 400.00/month budget you can borrow 20200.80
Check: the sheet now shows payment = 400.00
How it works¶
- The sheet computes a payment with
=-PMT(B2/12, B3*12, B1)— rate per month, number of months, principal (PMT returns a negative cash flow, so the leading-flips it for display). goal_seek(sheet, "B4", 400.0, "B1", lo=1000, hi=100000)varies B1 until B4 equals 400, writes the solution into the sheet, and returns it.- On failure (target can't be reached inside
lo..hi) the original cell value is restored and aGoalSeekErroris raised — the sheet is never left half-solved.
Next steps¶
- In the GUI: Data → Goal seek does this from a dialog.
- For multi-scenario planning, the what-if scenario manager is covered in data & analysis tools.
- The financial family (
PMT,PV,FV,NPV,IRR, bonds) is in the formula reference.