Question
A project has cash flows of -$119,000, $52,800, $60,200, and $33,100 for years 0 to 3, respectively. The required rate of return is 12 percent.
A project has cash flows of -$119,000, $52,800, $60,200, and $33,100 for years 0 to 3,
respectively. The required rate of return is 12 percent. Based on the net present value of _____,
you should _____ the project.
A.
$230.75; accept
B.
-$1,995.84; reject
C.
$283.60; accept
D.
-$147.60; accept
E.
-$306.15; reject
Please explain how to do this on a TI84 calculator
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
