This book solves fifteen practical finance problems in Excel spreadsheets. Topics covered include -- (1) selecting a type of mortgage, (2) the cost of bad credit, (3) calculating the accumulation of house equity, (4) calculation of repayment periods on credit cards, (5) the value of the mortgage tax deduction, (5) the impact of student debt and consumer loans on the mortgage qualification decision, (6) the impact of the sequence of market returns on your 401(k) balance, and (7) the relative cost (including fuel consumption) of the Toyota Prius and the Toyota Corolla.
The book has three goals. First, tt attempts to teach people how to set up and solve financial math question. Second, it attempts to show people how to work with spreadsheets, especially the financial function in Excel. Third, it attempts to provide the reader with insight on specific financial issues and choices.