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Part I: Understanding the Basics of Fina... > Working with Basic Financial Calcula...

Chapter 3. Working with Basic Financial Calculations

IN THIS CHAPTER

Calculating Loan Payments

Calculating Principal Payments

Working with Future Value

Using the Present Value Function

Calculating Interest Rate

As you learned in the previous chapter, Excel has a library of built-in functions for performing a wide variety of calculations. Several dozen of these functions deal with financial matters, and while most of them are highly specialized, there are several that deal with basic calculations the average Excel user might find useful. In this chapter I will explain what these functions do and how to use them. Along the way I will explain some basic financial terms and concepts.

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