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The spreadsheet below violates on one of the principles of spreadsheet design. Which one? A B 1 Finding an unknown i 2 Inputs 3 Years
The spreadsheet below violates on one of the principles of spreadsheet design. Which one?
|
| A | B |
| 1 | Finding an unknown i |
|
| 2 | Inputs |
|
| 3 | Years | 2 |
| 4 | Purchase price | 65,000 |
| 5 | Future Payment | 80,000 |
| 6 |
|
|
| 7 | Output |
|
|
| i | =RATE(2,-B4,B5) |
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Financial Management For Decision Makers
Authors: Peter Atrill
8th Edition
129213433X, 978-1292134338
