A note on net present value and internal rate of return functions in electronic spreadsheets |
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| Authors: | Joseph G. Louderback |
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| Affiliation: | 1. Ono Academic College, Israel;2. Ono Academic College, Ruppin Academic Center, Israel |
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| Abstract: | Academic accountants are increasing their use of electronic spreadsheets in teaching. The net present value functions of some popular spreadsheets make incorrect calculations. The internal rate of return functions do not handle multiple rates in a standard way. |
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