Solve circular references using iterative calculations

This video covers the following learning objectives:

1. Define and identify circular references in an integrated financial model.
2. Understand how circular logic typically arises in 3-statement models (e.g., interest, cash flow, and debt loops).
3. Create a debt sweep mechanism using surplus cash flow to reduce outstanding debt.
4. Configure Excel to solve circular references using iterative calculation settings.
5. Distinguish between productive circular references and unstable model loops.
6. Test for model convergence and stability after enabling iteration.
7. Apply best practices for managing and documenting circular logic in Excel-based models.