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Present value is one of the most important concepts in finance. Luckily, once you learn a few tricks, you can calculate it easily. All you need to do is use Microsoft Excel or a financial calculator. But we do understand that it can be a little daunting if you’ve never done it before. So we’ll walk you through the process.
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Microsoft Excel Time Value Function Tutorial – Lump Sums. – Excel (and other spreadsheet programs) is the greatest financial calculator ever made.There is more of a learning curve than a regular financial calculator, but it is much more powerful. This tutorial will demonstrate how to use Excel’s financial functions to handle basic time value of money problems using the same examples as in the calculator tutorials.
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