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Discuss the Two Ways to Calculate Present Value Using a Spreadsheet

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Discuss the two ways to calculate present value using a spreadsheet program such as Microsoft Excel.


Definitions:

Credits

Entries in accounting that increase liabilities or equity accounts, or that decrease asset or expense accounts, reflecting the sources of funds.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of periods to identify trends and growth patterns.

Income Statement

The income statement is a financial report that provides a summary of a company's revenues, expenses, and profits/losses over a specified period.

Sales

Revenue earned from selling goods or services over a certain period.

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