Question
im looking at this assignment from my class. its the exact assignment I have to do. But I m not sure which calcluator these commands
im looking at this assignment from my class. its the exact assignment I have to do. But I m not sure which calcluator these commands are for? do you know?
Assignments: Solve Time Value of Money Exercise Problems by filling up the boxes with keys and buttons you need to use on your FINANCIAL CALCULATOR.
Q1: Ungrouped cash flows)You have been asked to make a $75,000 loan.The borrower agrees to the following repayment schedule:
End of year 1$0
End of year 2$15,000
End of year 3$20,000
End of year 4$25,000
End of year 5$30,000
If you require a rate of return of at least 11% on your investment, should you enter into this loan?
2nd Clr wrk, CF, CF0=(+/-)75000, C01=0, F01=1, C02=15000, F02=1, C03=20000, F03=1, C04=25000, F04=1, C05=30000, F05=1, NPV, I=11, CPT NPV=$-13930.02
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