What is the best tool to determine the required downpayment to reach a $700 car payment?
A)Solver
B)Goal Seek
C)Scenario Manager
D)One-variable data table

Question

Quizplus · Accepted Answer

Goal Seek is the best tool to determine the required downpayment to reach a $700 car payment. This tool allows you to set a specific goal (a $700 car payment) and determine the input value (downpayment) needed to achieve that goal. Solver, Scenario Manager, and One-variable data table are not relevant to this specific problem.

What Is the Best Tool to Determine the Required Downpayment