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8/2/2015 2:58:48 PM
Microsoft Access Expert 30
By Richard Rost   Richard Rost on Facebook Richard Rost on Twitter Richard Rost on Google Plus Richard Rost on LinkedIn Email Richard Rost

Microsoft Access Expert 30Access Expert 30 is Part 6 of our Comprehensive Guide to Access Functions. Today's class focuses on Financial Functions. Even if you are not a financial professional, you will find the topics in today's class of interest. Anyone who has a home mortgage or an auto loan will benefit from these lessons. You will learn all of the popular financial functions, how simple and compound interest work, how to calculate a monthly loan payment, and lots more. Topics include:

- Financial Functions
- Simple v. Compound Interest
- Loan Payment Calculator: PMT
- Find Future Value of an Investment: FV
- Calculate Return On Investment: RATE
- Years Until I'm a Millionaire: NPER
- How Much Home Can I Afford: PV
- Saving For Kids College Fund Calculator
- Loan Amortization Basics
- Calculating Principal and Interest Parts

Click here for more information on Access Expert Level 30, including a course outline, sample videos, and more. This course was recorded using Access 2013, but most of the functions covered are valid for all versions of Access. This class follows Expert Level 29. The next class in the series is Expert Level 31.

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Course Link: Microsoft Access Expert 30
Keywords: access expert 30 financial loan payment PMT FV RATE NPER PV
Page Tag: whatsnew
Post Reply

How do I calculate NPV in a query Comment from Stephen Petersen @ 1/26/2016
How do I calculate NPV in a query?  I have been calculating FV of year1, then year2, then year3 etc and than adding up the values.  However, if the number of years is a variable, then it doesn't work.
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Can you provide a query example of how to use NPV Comment from Stephen P @ 12/30/2015
This is still confusing to me.  What would the NPV calculation look like if the initial investment was 10,000 and increased by 2.25% over the next 5 years?

Reply from Alex Hedley:

It's been a few years since I did anything with NPV at uni, I'll need to refresh my memory.
Have you calculated the PV for each year?

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Can you provide a query example of how to use NPV Comment from Stephen Petersen @ 12/30/2015
Can you provide a query example of how to use NPV.  I am creating a database of potential capital projects, some of which have multiple years and I want to calculate the NVP of the capital cost and fuel ect when I have the staring values

Reply from Alex Hedley:

MS Article

Dim Fmt, Guess, RetRate, NetPVal, Msg
Static Values(5) As Double    ' Set up array.
Fmt = "###,##0.00"    ' Define money format.
Guess = .1    ' Guess starts at 10 percent.
RetRate = .0625    ' Set fixed internal rate.
Values(0) = -70000    ' Business start-up costs.
' Positive cash flows reflecting income
' for four successive years.
Values(1) = 22000 : Values(2) = 25000
Values(3) = 28000 : Values(4) = 31000
' Calculate net present value.
NetPVal = NPV(RetRate, Values())
Msg = "The net present value " & _
      "of these cash flows is "
Msg = Msg & Format(NetPVal, Fmt) & "."
' Display net present value.
MsgBox Msg

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Sub Form Comment from John Newton @ 10/13/2015
Hello, I have a question regarding adding records to a sub-form.  I have completed course 1-30 and all beginner courses.

Ex; I have tables, queries, forms and sub-forms;

Main tables;  DriverT with Fields like: DriverID, Fname, Lname, etc.
CarT with field like: CarID, MakeIDFK, ModelIDFK, YearIDFK, CarName
A junction table; CarXDriverT
Supporting Tables; MakeT, ModelT, YearT

Queries; DriverXCarQ; with Fields: CarXDriverID, CarIDFK, DriverIDFK.

Forms: A main Form; CarF with the fields from the CarT and a subform; DriverXCarSubF
The subform get data from; DriverXCarQ

I want to be able to add a  new  Driver to the DriverT in the form the main form in the sub-form.

Any Ideas? Is this in an upcoming course? A past course?
Thanks it really kicking my butt.

Reply from Alex Hedley:

Have you read the outline for the Relationship Seminar?
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Microsoft Access Expert 30 Comment from Rasulul Amin Murad @ 9/23/2015
HI Brother Richard,
Thanks for your initiative to teach us the msaccess. I know very little about this program. Recently i am trying to built a invoice for my small company but the local ppl is asking huge amount of payment. That's why i search over google to get tutorial to make a Invoicing and Quotation Billing Application for my company. There i hv found you today. I really impressed to show ur video. I still dnt have any idea tht i will able to complete or not but i must try on it. Sorry for huge writing.. Thanks for the tutorials.. Allah bless you.
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Microsoft Access Expert 30 Comment from Guillermo P @ 9/10/2015
I am trying to find where to start the Lever 2 Access training and can not find it. Help?

Reply from Alex Hedley:

Guillermo what was the last course you took?

B2 or E2
Beginner Level 2
Expert Level 2
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Microsoft Access Expert 30 Comment from Uriel R @ 8/2/2015
Richard, I love your classes and how you teach, the only thing I can complaint about is the production schedule, class can't come fast enough. Hope at the end you teach how to build own functions!
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