First of all, the number of iterations should be limited. The formula can use the result of the previous calculations, thus automatically calculating the same thing over multiple iterations.Īs easy as it sounds, there are a few things you need to consider. You can create a formula that refers to the cell containing the formula. This can work if your model is relatively simple, but doing so in more complicated workbooks might prove much more challenging, if not downright impossible to do.Īn alternative and better approach is to use the Excel iterative calculation feature. For this, you would need to copy the formula and references as many times as you want to repeat the process. In Excel, you can reference a cell that contains a formula and use its result in an identical formula in a different cell. This is made possible by computers that can run calculations repeatedly to find the likelihood of possible answers by getting closer to the results from different angles. Iterative calculations can help find the solution to mathematical problems by running calculations over and over using previous results.
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