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

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Related Book For  book-img-for-question

Cost Management Strategies For Business Decisions

ISBN: 12

4th Edition

Authors: Ronald Hilton, Michael Maher, Frank Selto

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