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Systems Analysis and Design (Shell...

11th Edition
Scott Tilley + 1 other
ISBN: 9781305494602

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BuyFindarrow_forward

Systems Analysis and Design (Shell...

11th Edition
Scott Tilley + 1 other
ISBN: 9781305494602
Textbook Problem

What e the two ways of using a spreadsheet to calculate present value?

Program Plan Intro

Two ways of using a spreadsheet to calculate present values.

Program Explanation

Before finding the present value (PV) in a spreadsheet you must be familiar with certain terms such as:

  • Rate(r): This is the interest rate applied.
  • Period(p): The total period of payment.
  • Payment: This is the amount of payment made.
  • Future value (FV): This is optional and can be considered 0...

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