Last month, we used Goal Seek to determine the most reasonable mortgage payment within a specific budget. This month, we continue with the mortgage example using Scenario Manager. We’ll generate a ...

Q. How does the Scenario Manager in Excel work? A. Microsoft Excel’s Scenario Manager is a powerful tool for making informed financial decisions. It allows users to create and manage multiple data ...

Microsoft Excel has a feature that is called Scenario Manager, and from our understanding, most folks have no idea how to use it or what it is. But that’s fine because this article will explain how to ...

Excel offers three what-if analysis tools that can sharpen your decision-making and help you find the best route to accomplish your objectives. This ebook introduces these tools—Goal Seek, Scenario ...

I ’ve made my share of decisions I wish I could undo. Like setting the wrong price point for a few products or building a ...

Q. I often save multiple versions of the same Excel file (usually with differing assumptions) and later have difficulty telling which file is which when I want to revert to a previous version. Any ...

Managing personal finances effectively requires a combination of precision, foresight, and smart planning. Microsoft Excel offers a robust suite of tools, particularly under its “What-If Analysis” ...