Principles of Finance with Excel

A book by Simon Benninga, ISBN


📥 Download PDF


These concepts tell you how much your money will grow if deposited in a bank (future value), how much promised future payments are worth today (present value), and what percentage rate of return you’re getting on your investments (internal rate of return).



📗 See more Best books for starting a business books

Principles of Finance with Excel by Simon Benninga

1071
Pages
2003
Published in
$ FREE
Average price
4.1
Rating


Principles of Finance with Excel book PDF free download


Future value (FV) tells you the value in the future of money deposited in a bank account today and left in the account to draw interest. The future value $X deposited today in an account paying r% interest annually and left in the account for n years is X*(1+r) . Future value is our first illustration of compound interest—it incorporates the principle that you earn interest on interest. If this sounds confusing, read on. Suppose you put $100 in a savings account in your bank today and that the bank pays you 6% interest at the end of every year. If you leave the money in the bank for one year, you will have $106 after one year: $100 of the original savings balance + $6 in interest. In this book we will often match our mathematical notation to that used by Excel. Since in Excel multiplication is indicated by a star “*”, we will generally write 6%*$106 = $6.36, even though this is not necessary. Similarly we will sometimes write (1.10)3 as 1.10^3. In order to confuse you, we make no promises about consistency! We use the words “Year 0,” “Today,” and “Beginning of year 1” as synonyms. This often causes confusion in finance. For example, “$100 at the beginning of year 2” is the same as “$100 at the end of year 1.” Note that we often use “in year 1” to mean “end of year 1”: For example: “An investment costs $300 today and pays off $600 in year 1.” There’s a lot of confusion on this subject in finance courses and texts. If you’re at loss to understand what someone means, ask for a drawing; better yet, ask for an Excel spreadsheet.

Principles of Finance with Excel reviews
Andrew2001 Lazcovitz California

Honestly other books by Simon Benninga were a bit more helpful for me. But anyway, Principles of Finance with Excel is another great piece of content
Principles of Finance with Excel reviews
yourlawyer2020 Melbourne

Surely Principles of Finance with Excel is among the must-read books for every entrepreneur. Bravo Simon Benninga!
Principles of Finance with Excel reviews
Alex W. New York

Got a kindle version of Principles of Finance with Excel - really amazing! Simon Benninga one love :)
Principles of Finance with Excel reviews
Radj Gupta Wilmington

Principles of Finance with Excel ebook is a good option. I wouldn`t recommend to buy a hardcover, but for me the digital version worked well. Simon Benninga is a top-level prefessional!
Principles of Finance with Excel reviews
Lawrence H. Smith New Orleans

You can`t run busness without reading Principles of Finance with Excel by Simon Benninga. Nuff said.
Principles of Finance with Excel reviews
Christine Prague

Thanks Simon Benninga - the book PDF is insightful and definitely makes sense.
Principles of Finance with Excel reviews
Jack Summers London

As of 2022-06-26, I suppose that Principles of Finance with Excel by Simon Benninga is still among the best books in its niche. Brilliant!