This course uses practical examples to provide an overall understanding of time value of money concepts and to illustrate time value of money functions in Microsoft Excel. The course covers present and future values of both single sums and annuities as well as computing the rate, periodic payment and number of periods in accounting and financial planning scenarios. Also included is the creation of an amortization table, Excel CUMIPMT and CUMPRINC functions, capital budgeting and the use of data tables. The course is intended for intermediate to advanced Excel users.This course provides step by step instruction however it does not include exercise files as the examples are simple and can be created easily. This course covers two functions that were introduced in Excel 2013. If you do not have Excel 2013 or a higher , you will only be able to read about these 2 functions. Table of Contents
Delivery Method: QAS Self Study.
Version: Designed for Excel 2013 and higher but can be used with older versions.
Prerequisites: Basic understanding of file management and functions
Advanced Preparation: None