Using Excel An investment costing ($200,000) today will result in cash savings of ($85,000) per year for
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Using Excel An investment costing \($200,000\) today will result in cash savings of \($85,000\) per year for three years. The company’s required rate of return is 11 percent. Use Excel to calculate the net present value of this investment in a format similar to the one in the Computer Application box.
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