Most college students rely on different funding sources to pay for their education. While some get their funds from personal savings, family savings, or scholarships and grants, many also get their funding from college loans.
In economics, determining the present value of an income stream is always important because it can help tell the future value of loans, funds, bonds, mortgages, and the like. This is because Present Value Calculation is not as complicated as it sounds. With the help of Excel, it can be easily calculated.
A Loan Analysis is a method of ensuring that the loans created are made on feasible terms to clients and that they can and will pay them back. A loan analysis will also help determine which loans generate income and are eligible according to set criteria. Other objectives of a loan analysis is to assess the …