Definition
Software developed and manufactured by Microsoft Corporation that allows users to organize, format, and calculate data with formulas using a spreadsheet system broken up by rows and columns. Microsoft Excel usually comes bundled with Microsoft Office and is compatible with other applications offered in the suite of products. The first software program similar to Excel was released in 1982 and was called Multiplan.
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Formulas in Excel to Calculate Net Present Value
Microsoft Excel has five functions to calculate net present value: NPV, XNPV, IRR, XIRR, and MIRR. Which you choose depends on the financial method you prefer, whether or not cash flows occur at regul ... Read more
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