Laur man is considering a new project and has provided the details of the project. The Controller has asked you to compute various capital budgeting methods to help aid in the decision to pursue the investment. Use the information ncluded in the Excel Simulation and the Excel functions described below to complete the task. Cell Reference: All you to refer to data from another cell in the worksheet. From the Excel Simulation below. n a blank cel C4" was entered, the formula would output the result from cell C4, or 225,000,000 in this example Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys (plus sign to add minus sign to sterisk sign to multiply), and (forward slash to divide). From the Excel Simulation below, if in a blank cell "-D13+D14" was entered, the formula would add the or 1,150,000 in this example. values from th ose cells and output the resu using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From he Excel Simulation below, if in a blank cell SUM (D7,D8,D9)" was entered, the formula would output the result of adding those three separate cells, or 5,500,000 in this example Similarly, if in a blank cell (D7:D9) SUM was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formu and the result would be 5,500,000 in this example. RATE function: Allows you to return the interest rate per period. The syntax of the RATE function is "-RATE(nper,pmt, pvltviltypej,lguessD" and results in the percentage nterest rate value for the related inputs. The nperargument is the total number of payment periods. The pmt argument is the payment made each period that does not change over th life of the investment and this argument must be included if the livlargument is not included. The [fvl argument is the future value, or the cash basis to attain e after the last payment is made and this argument must be included he pmt argument is omitted. The [type] argument is a logical value of 0 or 1, which indicates when the payments are due where 1 is the payment at the beginning of the period and 0, is the payment at the end of the period. Both the and ltypej values are optional arguments to have the formula work, which is why they are surrounded by brackets in the syntax, however, these values would not be entered with brackets in the actual function. The lguessJ argument is also optional and is your guess for what the rate will be, however, if omitted the system assumes a guess of 10 percent Simulation, please include both the pmtland lfvLarguments, ut leave out the ltypeland Iguessl arguments from the function the pvargument s urpose XCI ative value. PV Function: Allows you to perform the mathematical present value calculation of a value. The syntax of the PV function is PV(rate,nperpmtlfv,ltype)" and results in the total amount that a series of future payments is worth now also known as the present value. The rate argument is the interest rate per period. The nper argument is the total number of payment periods. The pmt argument is the payment made each period that does not change over the life of the investment and this argument must be included the argument is not included. The [fvl argument is the future value, or the cash basis to attain after the last payment is made and this argument must be included if the pmt argument is omitted. The [type]argument is a logical value of 0 or 1, ich indicates when the payments are due where 1 is the payment at the beginning of the period and 0, is the payment at the end of the period. Both the lfv) and ltype] values are optional arguments to have the formula work, which is why they are surrounded by brackets in the syntax, however, these values would not be entered with brackets in the actual function nclude both the lpmtLand uments, but leave out the ument from the function. Also, the entire PV function should have a minus sign ncluded before the formula so the calculation w esu n a positive value PVCA1.A2.A3.A4 Laur man is considering a new project and has provided the details of the project. The Controller has asked you to compute various capital budgeting methods to help aid in the decision to pursue the investment. Use the information ncluded in the Excel Simulation and the Excel functions described below to complete the task. Cell Reference: All you to refer to data from another cell in the worksheet. From the Excel Simulation below. n a blank cel C4" was entered, the formula would output the result from cell C4, or 225,000,000 in this example Basic Math functions: Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys (plus sign to add minus sign to sterisk sign to multiply), and (forward slash to divide). From the Excel Simulation below, if in a blank cell "-D13+D14" was entered, the formula would add the or 1,150,000 in this example. values from th ose cells and output the resu using the other math symbols the result would output an appropriate answer for its function SUM function: Allows you to refer to multiple cells and adds all the values. You can add individual cell references or ranges to utilize this function. From he Excel Simulation below, if in a blank cell SUM (D7,D8,D9)" was entered, the formula would output the result of adding those three separate cells, or 5,500,000 in this example Similarly, if in a blank cell (D7:D9) SUM was entered, the formula would output the same result of adding those cells, except they are expressed as a range in the formu and the result would be 5,500,000 in this example. RATE function: Allows you to return the interest rate per period. The syntax of the RATE function is "-RATE(nper,pmt, pvltviltypej,lguessD" and results in the percentage nterest rate value for the related inputs. The nperargument is the total number of payment periods. The pmt argument is the payment made each period that does not change over th life of the investment and this argument must be included if the livlargument is not included. The [fvl argument is the future value, or the cash basis to attain e after the last payment is made and this argument must be included he pmt argument is omitted. The [type] argument is a logical value of 0 or 1, which indicates when the payments are due where 1 is the payment at the beginning of the period and 0, is the payment at the end of the period. Both the and ltypej values are optional arguments to have the formula work, which is why they are surrounded by brackets in the syntax, however, these values would not be entered with brackets in the actual function. The lguessJ argument is also optional and is your guess for what the rate will be, however, if omitted the system assumes a guess of 10 percent Simulation, please include both the pmtland lfvLarguments, ut leave out the ltypeland Iguessl arguments from the function the pvargument s urpose XCI ative value. PV Function: Allows you to perform the mathematical present value calculation of a value. The syntax of the PV function is PV(rate,nperpmtlfv,ltype)" and results in the total amount that a series of future payments is worth now also known as the present value. The rate argument is the interest rate per period. The nper argument is the total number of payment periods. The pmt argument is the payment made each period that does not change over the life of the investment and this argument must be included the argument is not included. The [fvl argument is the future value, or the cash basis to attain after the last payment is made and this argument must be included if the pmt argument is omitted. The [type]argument is a logical value of 0 or 1, ich indicates when the payments are due where 1 is the payment at the beginning of the period and 0, is the payment at the end of the period. Both the lfv) and ltype] values are optional arguments to have the formula work, which is why they are surrounded by brackets in the syntax, however, these values would not be entered with brackets in the actual function nclude both the lpmtLand uments, but leave out the ument from the function. Also, the entire PV function should have a minus sign ncluded before the formula so the calculation w esu n a positive value PVCA1.A2.A3.A4