Chapter 3
7. Use the Evaluate Formula dialog to step through the formula in cell C20.
8. Delete the watch you created in step 1.
Configure automatic and iterative calculation options
Open the SetIterativeOptions workbook in Excel, and then perform the following tasks:
1. On the Formulas tab, in the Calculation group, select the Calculation Options
button, and then select Manual.
2. In cell B6, enter the formula =B7*B9, and then press Enter.
3. Note that this result is incorrect because the Gross Savings value minus the
Savings Incentive value should equal the Net Savings value, which it does not.
4. Press F9 to recalculate the workbook and read the message box indicating that
you have created a circular reference.
5. Select OK.
6. Use options in the Excel Options dialog to enable iterative calculation.
7. Close the Excel Options dialog and recalculate the worksheet.
8. Change the workbook’s calculation options back to Automatic.
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