Spreadsheet Models for Managers


Getting Access to Spreadsheet Models for Managers


ISpreadsheet Models for Managersf you use Excel to model businesses, business processes, or business transactions, this course will change your life. You'll learn how to create tools for yourself that will amaze even you. Unrestricted use of this material is available in two ways.

As a stand-alone Web site
It resides on your computer, and you can use it anywhere. No need for Internet access.
At this Web site
If you have access to the Internet whenever you want to view this material, you can purchase on-line access. Unlimited usage. I'm constantly making improvements and you'll get them as soon as they're available.

To Order On Line

Order "Spreadsheet Models for Managers, on-line edition, one month" by credit card, for USD 69.95 each, using our secure server, and receive download instructions by return email.
Or order via Google Checkout.
Order "Spreadsheet Models for Managers, on-line edition, three months" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email.
Or order via Google Checkout.
Order "Spreadsheet Models for Managers, downloadable hyperbook edition" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email.
Or order via Google Checkout.

To Order by Mail

Make your check payable to Chaco Canyon Consulting, for the amount indicated:
  • For the download: USD 199.00
  • For access online for three months: USD 199.00
  • For access online for one month: USD 69.95
And send it to:
Chaco Canyon Consulting
700 Huron Avenue, Suite 11J
Cambridge, MA 02138

To use the course software you'll need some other applications, which you very probably already have. By placing your order, you're confirming that you have the software you need, as described on this site.

Subscribe now!

Spreadsheet Models for Managers


Future Value in Excel (continued) 9/6
Session Links

  • Why the minus sign?
    • In fv(rate,nper,pmt) the result has a sign opposite to the sign of pmt. Why?
    • In fv(rate,nper, ,pv) the result has a sign opposite to the sign of pv. Why?
  • Example A. fv assumes that when you make a series of payments, you're paying out a stream in order to receive a value in return at a future date
    • You save $2,000/year for 35 years at 4% per year compounded annually. You make payments at year-end. How much will you have at the end of 35 years?
  • Example B. fv assumes that when you pay a lump sum now, you're paying it in order to receive a value in return at a future date.
    • You put aside $10,000 now at 4% per year compounded annually. How much will you have in 35 years?

The sign flip is a choice made by the designers of Excel. They felt that the pmt argument represented what you pay in, and that the result of fv is then what you get back out. So the sign flips. Based on the confusion this creates for people who are learning to use the function, I would have made another choice.

For more about my spreadsheet consulting and training services, visit SpreadsheetAce.com.

Last Modified: Wednesday, 01-Jul-2009 04:55:30 EDT

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Sign Up for the On Line Version of This Course
With dozens of solved problems and special course tools, this course can dramatically increase your spreadsheet skills. For just USD 199.00 you receive three months of access with unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.
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Get the Hyperbook Edition of This Course
Identical to the edition you're viewing, but with dozens of solved problems and special course tools, and it stands alone — no Internet connection required. For just USD 199.00, it includes three months of unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.
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