Question
1) How do we calculate the$184,620(PVIFA 8%,5 ) to get the answer of NPV = 38,118.95 given below after calculating the full equation? Can we
1) How do we calculate the$184,620(PVIFA8%,5)to get the answer of NPV = 38,118.95 given below after calculating the full equation? Can we the BA ii plus to solve the PVIFA part? Please show me exactly how you calculated it? thanks.
| NPV = $735,000 35,000 + $184,620(PVIFA8%,5) + [($69,300 + 35,000) / 1.085] |
| NPV = $38,118.95
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
