Excel contains the functionality to assist in making every day financial decisions for businesses and individuals.
Provide detail of how businesses can use Excel to make short-term and long-term financial decisions. These decisions can be along the lines of company performance, personnel evaluations, projections, and other areas of the business. Also, provide detail of which functions/formulas and spreadsheets can be used in making these decisions.
Individuals also have the ability to make several financial decisions using Excel. Provide detail of how individuals can use Excel to make short-term and long-term financial decisions. These decisions can be along the lines of personal budgeting and weighing major purchases. Also, provide detail of which functions/formulas and spreadsheets can be used in making these decisions.