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1 9 Vivere Studio In cell B 2 2 , enter a formula to calculate the net present value of buying the digital equipment by

19Vivere Studio
In cell B22, enter a formula to calculate the net present value of buying the
digital equipment by adding the initial investment in cell F4 to the present
value of the cash flows in the range F5:F41. Use the NPV function with the
monthly discount rate in cell B21 as the rate of return to calculate the
present value of the cost of the buying the digital equipment for the next
three years of use.
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