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Given the following information calculate the Net Present Value (NPV) of these annual cash flows. Discount rate: 11%, initial investment: $1,577,113; year 1: $130,340; year
Given the following information calculate the Net Present Value (NPV) of these annual cash flows. Discount rate: 11%, initial investment: $1,577,113; year 1: $130,340; year 2: $145,887; year 3: $164,408; year 4: $180,704; year 5: $199,883; Sale Price: $2,442,520. (Rounded down to nearest dollar)
How would you calculate this question on a financial calculator?
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