For the ballet company situation in Problem 23, use the Goal Seek tool to find the number
Question:
For the ballet company situation in Problem 23, use the Goal Seek tool to find the number of solicitations required to achieve $150,000 in total donations.
Data from Problem 23
The director of a nonprofit ballet company in a medium-sized U.S. city is planning its next fundraising campaign. In recent years, the program has found the following percentages of donors and gift levels:
Transcribed Image Text:
Gift Level Benefactor Philanthropist Producer's Circle Director's Circle Principal Soloist Amount Average Number of Gifts $10,000 3 10 25 $5,000 $1,000 $500 $100 $50 50 7% of solicitations 12% of solicitations
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