Question: Spreadsheets have a range of standard functions and procedures for financial calculations. We have already mentioned some of these, including Excels NPV, IRR, FV, PV,

Spreadsheets have a range of standard functions and procedures for financial calculations. We have already mentioned some of these, including Excel’s NPV, IRR, FV, PV, PMT and NPER. Explore the financial functions that are available in a spreadsheet. Check the calculations in this chapter and describe the effects of changing parameter values. What assumptions do the functions make? What improvements would you like?

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