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- 2015-10-21 发布于江西
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Chapter 1:?Basic Financial Calculations
1.1?Introduction
This chapter aims to give you some finance basics and their Excel implementation. If you have had a good introductory course in finance, most of the topics will probably be superfluous.
This chapter covers the following:
Net present value (NPV)
Internal rate of return (IRR)
Future value
Pension and accumulation problems
Continuously compounded interest
Almost all financial problems center on finding the?value today?of a series of?cash receipts over time.?The cash receipts (or cash flows, as we will call them) may be certain or uncertain.
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