1.-. Using the NPV function, you can write a formula to determine the net present value of the income flows for a project, including the initial investment, as follows: ____.

Initial Investment+NPV

NPV+Initial investment

NPV+Initial investment

3.-. The syntax of the IRR function is as follows: ____.

IRR(values,guess)

IRR(rate,guess)

IRR(fv,pv,values)

IRR(per,guess)

4.-. Depreciation needs to be _____ from the cash flow in each year to calculate taxes for that year.

added

subtracted

either a or b

neither a nor b

none of the above