The discount rate refers to the interest rate used when calculating the net present value (NPV) of an investment. It represents the time value of money, which is the concept that a sum of money today ...

In business, time isn’t just money—it changes the value of it as well. The concept of the Time Value of Money (TVM) may sound like something reserved for finance textbooks, but it’s one of the most ...

Functions are the driving force of any Microsoft Excel spreadsheet, generating a single value or an array of results based on certain arguments you input. However, combining—or nesting—functions ...