6 7 8 10 71 12 14 15 NPV Practice 15 Yr PROBLEM 6,096 PVIF NCF n k 1/(1+k) PVIF NCF -S70,000 0 0.060 $7,000 1 0.060 $7,000 2 0.060 $7.000 3 0.060 $7,000 4 0.060 $7,000 5 0.060 $7,000 6 0.060 $7,000 0.060 $7,000 8 0.060 $7,000 9 0.060 $7,000 10 0.060 $9,000 11 0.060 $9,000 12 0.060 $9,000 13 0.060 $9,000 14 0.060 $9,000 15 0.060 NPV NPV Practice 15 Yr PROBLEM 8.0% PVIF NCE n k 1/(1+k)^n PVIF NCF -S70,000 0 0.080 $7,000 1 0.080 $7,000 2 0.080 $7,000 3 0.080 $7.000 4 0.080 $7,000 s 0.080 $7,000 6 0.080 $7,000 7 0.080 $7,000 8 0080 $7.000 9 0.080 $7,000 10 0.080 $9,000 11 0.080 $9,000 12 0.080 $9,000 13 0.080 $9,000 14 0.080 $9,000 15 0.080 NPV Thi ON 19 20 21 22 24