Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I had a quick question on the EAC Computation. Example:- NPV: -$284,782.49 PVIFA ( 9%,3) EAC: -$112,504.68 Now if I happen to put the above

I had a quick question on the EAC Computation. Example:- NPV: -$284,782.49 PVIFA ( 9%,3) EAC: -$112,504.68 Now if I happen to put the above values in the financial calculator, PV = -$284,782.49, I/Y= 9% and N= 3 CPT Payment . I get it as $112,504.68 ( positive) So, it gives me a positive value instead of a negative. Now, all I wanted to know is because this is an outgoing cost are we marking it as negative or should it be positive?

How do we get the same value with Financial Calculator?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Whole School Audit Development Planning For Primary And Special Schools

Authors: Brian Drakeford

1st Edition

1853465011, 978-1853465017

More Books

Students also viewed these Accounting questions

Question

What is Larmors formula? Explain with a suitable example.

Answered: 1 week ago

Question

Connect with your audience

Answered: 1 week ago