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past tense Vs present perfect tense
I prepared the report. - A past tense verb 'prepared' is used to show that the action happened in the past.
I have prepared the report. - A present perfect tense verb 'have prepared' is used to show that the action happened in the past and was completed before the present moment of writing or speaking the sentence.
Both can be used in a letter. Which one to use depends on which of the above situation applies.
Examples:
I prepared the report before going out for a drink last night.
I have prepared the report specially for this review meeting.