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If you’re here and reading this post, then you’ve probably been asked to calculate the Net Present Value of a set of cash flows in Excel. Over the next few posts, I’ll walk you through Net Present Value (or NPV) as a concept and then go into the details of how to calculate this in Excel. Introducing NPV, PV and FV Net Present Value, as the name suggests, is the sum of the present values of future cash flows. Both incoming (i.e. receipts) and outgoing (i.e. payments) are considered for calculating the NPV. So, what’s present value (PV)? Let’s try […]
WordPress is a cultural phenomenon when it comes to publishing online. What started as a simple blogging tool in 2003 has become the most popular open-source content management system (CMS) in the world powering WordPress.com and millions of sites worldwide. There are a number of alternatives including the very popular Joomla, but the difference with WordPress is the almost cult following that has resulted in some of the best plugins available for a blogging platform. When you first install WordPress it can be difficult to choose which plugins you install first. WordPress doesn’t come preinstalled with any real security or […]
As part of my day job, I’ve spent a lot of time working with Microsoft Excel and Microsoft PowerPoint. Not only with 2010, but also with Excel 2003 and Excel 2007. And with any task or software, the more you use it, the more efficient you get with it. Below are two key tips that I have learnt and practice all the time. Are you ready to take that step to become a Microsoft Excel Expert?! Tip 1: Throw away your mouse and embrace your keyboard One of the biggest things that slows down Excel users is the constant need to switch from their keyboard to their mouse, drag it to […]
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In it’s portfolio, Google has a large set of free useful services. One that is most frequently used is Google Drive, which is used for storing and sharing digital data. This service is used by almost everyone because it is free and it integrates with other Google services. A feature that many users like is its ability to convert PDF documents, including scanned PDFs into editable text for further reuse. To access this feature, all you need to do is to right click on the file and click on Open with Google Docs. However if you want to convert a […]
Continuing with our Excel Tutorials, in this article, I’ll take you through using Goal Seek in Microsoft Excel. The function is same as that of earlier versions of Excel as well as Excel 2010. Goal Seek is yet another What-If Analysis Tool that is extremely useful and forms an integral part of many Excel modelling exercises. Unlike data tables, which allow you to change one or more variables to find how the output varies, goal seek allows you to “set” the value of the output at a particular value and find out what value of the input variable achieves that output. If […]
Techtites has been open to guest posts on this blog for a long time now. When guest posting was at its peak, I made the mistake of accepting posts with content and links that are today frowned upon my Google. Since then I’ve cleaned up several posts and massively cut down on what I accept on this blog. However, even today, I receive several emails offering to write a guest post. It only takes a few seconds to realise that most of these emails are just the result of a copy-paste exercise that so-called guest writers employ blindly on contact forms of most popular blogs […]
When blogging started to gather steam a decade ago, you had (and still have) three ways of receiving comments. The first still which still holds to today are traditional style commenting done by a person reading your article. Then came the bots and the comment spam which has today become a more manageable issue given several free and paid services available to a blog owner. However, even now, you will see tonnes of spam hits on very old posts, many of which don’t call for a comment! Two more methods of collecting comments was through trackbacks and pingbacks. Both trackbacks […]
In a startling revelation, Terry Myerson, who runs Microsoft’s operating systems unit, announced that all users of Windows 7, Windows 8 and Windows 8.1 will get a free upgrade to Windows 10. This also includes everyone who are, either knowingly or unknowingly, running a non-genuine version of Windows! This seems to be Microsoft’s plan to battle pirates who have always managed to get the upper hand in this. The best way to stop piracy is to just give it away for free 🙂 “We are upgrading all qualified PCs, genuine and non-genuine, to Windows 10,” he said in a telephone interview with Reuters. […]
Over the years, Google has killed many services it offered including my favourite Google Reader. And, now it is time for Google Code to bite the dust. As a developer, I started actively using Github to manage my WordPress plugins. I like the interface GitHub provides and definitely the ability of git to control all the changes. It’s something that Google Code always had missing. However, if you’ve still not moved from Google Code, it’s time to move over your project to Github or Bitbucket. Thankfully, as always, Google has made it easier (and in fact automated) to move your project from […]