A small example is doing NPV (Net Present Value) calculations to compare the benefits from alternative projects/investments. It's just basic arithmetic, but is annoying to do by hand. I'm sure that if we had to do them with just pen and paper, we would do significantly fewer of them, and with a lot less detailed scenarios than we can with tools.
A small example is doing NPV (Net Present Value) calculations to compare the benefits from alternative projects/investments. It's just basic arithmetic, but is annoying to do by hand. I'm sure that if we had to do them with just pen and paper, we would do significantly fewer of them, and with a lot less detailed scenarios than we can with tools.