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We can leave the default settings as they are or change them to the numbers we desire and click OK.When for example we accept the default settings, we are telling Excel, “Do the recalculation a hundred times then stop, or do it as many times as it takes for the result to stop changing by more than 0.001 then stop.” By default settings, Excel stops calculating either after 100 recalculations or when there is a maximum difference equal to or less than 0.001 between the results. Iterative calculations stop at the numeric condition that is met first. The smaller the number the more accurate the results. This option specifies the maximum difference between values of iterative formulas. This setting determines the number of times Excel recalculates the workbook.