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.
Course Publication Date:
June 21, 2017
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$20.00!
| Author: | Mill Creek Publishing |
| Course No: | COMP-TIMEVALUE-2437 |
| Recommended CPE: | 2.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Computer Software and Applications
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Learning Objectives
- Identify which Excel time value of money function should be used in a given circumstance.
- Associate compounding periods with the appropriate adjustments to rate and number of periods.
- Identify Excel’s sign convention.
- Recognize how to solve for rate, number of periods and payment.
- Recognize how to use Capital budgeting for internal rate of return and net present value.
- Recognize how to use data tables to present alternatives.