Question

1 Two scheduled debt Payments of $245 each are duo
two months and ten months frome now respectively
If Intaest at 5% is allowed what singl Payment
today is required to settle two scheduled Payment​

Answer 1

Answer:

When it comes to calculating dates in Excel, DATE is the most essential function to understand. As you probably know, Excel does not keep the year, month and day for a date, nor does it explicitly store weekday information in a cell. Instead, Microsoft Excel stores dates as serial numbers and this is the main source of confusion.