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I know how to find do this by hand with a PV chart, but how do I do PV on a BAII Plus financial calculator.

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I know how to find do this by hand with a PV chart,

but how do I do PV on a BAII Plus financial calculator.

I know Cash Flows of an Annuity,

but for example, how do I find PV at i = 14%, n = 5.

Declan MacManus is considering a capital budgeting project. This project will initially require a $25,000 investment in equipment and a $3,000 working capital investment. The useful life of this project is 5 years with an expected residual value of zero on the equipment. The working capital will be released at the end of the 5 years. The new system is expected to generate net cash inflows of $9,000 per year in each of the 5 years. Also a repair of the equipment will be required at the END of year 3, costing $5,000. MacManus' discount rate is 14%. The net present value of this project is closest to (ignoring taxes): A) $(3,088) B) $1,079 $2,522 D) $4,454 E) $3,375 PV Annuity i=14% n=5 9,000x3.433=30,897 PV =147 n=5 3,000x0.519=1,557 PV of cash Inflows: 30,897+1,557=32,454 PV =147 n=3 5,000X0.675=3,375 PV of cash out flows 25,000+3,000+3,375=31,375 NPV=PV of Cash Inflows - PV of cash outflows 32,454-31,375=1,079

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