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Life is full of questions and each question deserves a good answer. Let's explore the What-If Analysis tools available in Excel. Explain how these tools are used to assist with solid decision making. Give examples of how each of the What-If Analysis tools can be used practically.

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EYS***746 2019-09-23 05:07:59
thanks, great solution.
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Solution Preview

I'd like to start with the GOAL SEEK what-if analysis, and the Loan spreadsheet from Week 5 works really well for that:

• Suppose we were thinking of buying a new car; the car costs $46,500, and the bank will give us a 3 year loan (paid monthly) at 4.25% annual interest.

• If we don't put any money down, the monthly payment turns out to be $1,378 and some change

 

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