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Is anyone knowledgeable about Microsoft Excel?

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Tony_FLADEM Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-03 12:12 PM
Original message
Is anyone knowledgeable about Microsoft Excel?
I need some help.

I am doing a computer assignment for my accounting class and I need to know the Microsoft Excel function for the present value for a single payment in 12 years.

The function included in excel is for the present value of an annuity.

I know how to find the present value, I just need to find it using Excel and I don't have much experience with that program.

Any help is very much appreciated.

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MidwestTransplant Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-03 12:25 PM
Response to Original message
1. Use th Fx button or from Insert, drop down to Function
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ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-03 12:25 PM
Response to Original message
2. from excel help...
Edited on Tue Nov-11-03 12:26 PM by ret5hd
NPV Returns the net present value of an investment based on a series of periodic cash flows and a discount rate.

on edit:

and

PV Returns the present value of an investment
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T Roosevelt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-11-03 12:27 PM
Response to Original message
3. From Excel help
PV
See Also

Returns the present value of an investment. The present value is the total amount that a series of future payments is worth now. For example, when you borrow money, the loan amount is the present value to the lender.

Syntax

PV(rate,nper,pmt,fv,type)

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