Build an Excel spreadsheet to compute a discount rate of 8 percent per year for each requirement.
Question:
Build an Excel spreadsheet to compute a discount rate of 8 percent per year for each requirement.
Required
a. Present value of $(5,000) now
b. Present value of $1,500 one year from now
c. Present value of $2,000 two years from now
d. Present value of $1,700 three years from now
e. Present value of $1,500 four years from now
f. Net present value of (a)—
(e) using the SUM function g. Net present value of (a)—
(e) using the NPV function h. Internal rate of return of (a)—
(e) using IRR function
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cost Management Strategies For Business Decisions
ISBN: 12
4th Edition
Authors: Ronald Hilton, Michael Maher, Frank Selto
Question Posted: