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    Projectaug 2023

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    devilgamer63020
    The document summarizes how to implement mail merge and use goal seek in Microsoft Excel and Word. It provides step-by-step instructions on how to create a mail merge document in Word and connect it to a data source. It also explains how to use the goal seek tool in Excel to determine what value needs to be changed in a formula to achieve a desired target result.

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    Projectaug 2023

    Uploaded by

    devilgamer63020
    9 views8 pages
    The document summarizes how to implement mail merge and use goal seek in Microsoft Excel and Word. It provides step-by-step instructions on how to create a mail merge document in Word and connect it to a data source. It also explains how to use the goal seek tool in Excel to determine what value needs to be changed in a formula to achieve a desired target result.

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    The document summarizes how to implement mail merge and use goal seek in Microsoft Excel and Word. It provides step-by-step instructions on how to create a mail merge document in Word and connect it to a data source. It also explains how to use the goal seek tool in Excel to determine what value needs to be changed in a formula to achieve a desired target result.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    9 views8 pages

    Projectaug 2023

    Uploaded by

    devilgamer63020
    The document summarizes how to implement mail merge and use goal seek in Microsoft Excel and Word. It provides step-by-step instructions on how to create a mail merge document in Word and connect it to a data source. It also explains how to use the goal seek tool in Excel to determine what value needs to be changed in a formula to achieve a desired target result.

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    You are on page 1of 8

    ZOOM INTERNATIONAL SCHOOL

    Name: Sohan Gupta


    Class: IX
    Roll: 28
    SEC: C
    Subject: Information Technology
    Project on Mail Merge (Digital
    Documentation) & Goal Seek (Electronic
    Spreadsheet)
    Index

    Sl no: Topic Page No


    Digital Documentation (Advanced)
    1 Implementmail merge
    Electronic Spreadsheet (Advanced)
    2 Use Goal Seek
    Bibliography
    Digital Documentation (Advanced)

    1. Implement Mail Merge

    Create a mail Merge Document: Letter

    1. In a blank Microsoft Word document, click on the Mailings tab, and in the
    Start Mail Merge group, click Start Mail Merge .
    2. Click Step-by-Step Mail Merge Wizard .
    3. Select your document type. …
    4. Select the starting document. …
    5. Select recipients. …
    6. Write the letter and add custom fields.
    TO Make The Data Source And Entering Data

    • Select the Tools-Data Source menu.


    • Click New Data Source.
    • Enter a name for your Data Source. NOTE: I am going to use TEST as the Data
    Source name.
    • Press Tab.
    • Select dBase as the Data Source. …
    • Press Tab.
    • Enter a directory for the program to store the data files in. …
    • Click Apply.

    Merging The Data Source With Main Document

    • Choose File → New → Database.


    • Select Connect to an existing database, with Text as the format.
    • Click Next .
    • Specify the directory where the text files are. …
    • When all the settings look correct, click Next .
    • Unmark the option to open the database for editing. …
    • Click Finish .
    2. Goal Seek

    Using Goal Seek

    Goal Seek is Excel's built-in What-If Analysis tool that shows how one value in a formula
    impacts another. More precisely, it determines what value you should enter in an input cell
    to get the desired result in a formula cell.
    The best thing about Excel Goal Seek is that it performs all calculations behind the scenes,
    and you are only asked to specify these three parameters:
    • Formula cell
    • Target/desired value
    • The cell to change in order to achieve the target
    The Goal Seek tool is especially useful for doing sensitivity analysis in financial modeling
    and is widely used by management majors and business owner. But there are many other
    uses that may prove helpful to you.
    For instance, Goal Seek can tell you how much sales you have to make in a certain period to
    reach $100,000 annual net profit. Or, what score you must achieve for your last exam to
    receive an overall passing score of 70%. Or, how many votes you need to get in order to
    win the election.
    On the whole, whenever you want a formula to return a specific result but are not sure
    what input value within the formula to adjust to get that result, stop guessing and use the
    Excel Goal Seek function!

    Steps to use Goal seek:


    1.Open a new, blank worksheet.
    2.First, add some labels in the first column to make it easier to read the worksheet.

    a.In cell A1, type Loan Amount.

    b.In cell A2, type Term in Months.

    c.In cell A3, type Interest Rate.

    d.In cell A4, type Payment.

    3.Next, add the values that you know.

    a.In cell B1, type 100000. This is the amount that you want to borrow.

    b.In cell B2, type 180. This is the number of months that you want to pay off the loan.

    4.Next, add the formula for which you have a goal. For the example, use the PMT
    function:

    a.In cell B4, type =PMT(B3/12,B2,B1). This formula calculates the payment amount. In
    this example, you want to pay $900 each month. You don't enter that amount here,
    because you want to use Goal Seek to determine the interest rate, and Goal Seek
    requires that you start with a formula.
    The formula refers to cells B1 and B2, which contain values that you specified in
    preceding steps. The formula also refers to cell B3, which is where you will specify that
    Goal Seek put the interest rate. The formula divides the value in B3 by 12 because you
    specified a monthly payment, and the PMT function assumes an annual interest rate.

    Because there is no value in cell B3, Excel assumes a 0% interest rate and, using the
    values in the example, returns a payment of $555.56. You can ignore that value for now.

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