Previous releases contained an Apply Partial-Period Discounting checkbox in the Present Value Calculations section of the Calculation Options:

The checkbox has been removed in this release. We made this decision for the following reasons:
1. | Users seemed confused by the purpose and effect of this calculation option. |
2. | The option required complex formulas in the results workbook that were difficult to understand and maintain. |
3. | Removing the option allows more flexibility in the design of the results workbook going forward. |