NPV Practice 15 Yr PROBLEM 6.096 PVIF NCF n k 1/(1+k) n PVIF NCF -$70,000 0 0.060 $7,000 1 0.060 $7,000 2 0.060 $7,000 3 0.060 $7,000 4 0.060 $7,000 5 0.060 $7,000 6 0.060 $7,000 7 0.060 $7.000 8 0.060 $7,000 9 0.060 $7,000 10 0.060 $9,000 11 0.060 $9,000 12 0.060 $9,000 13 0.060 $9,000 14 0.060 $9,000 15 0.060 NPV NPV Practice 15 Yr PROBLEM k 8.0% PVIF NCF n k 1/(1+k) PVIF NCF -$70,000 0 0.080 $7,000 1 0.080 $7,000 2 0.080 $7,000 3 0.080 $7,000 4 0.080 $7,000 5 0.080 $7,000 6 0.080 $7,000 7 0.080 $7,000 8 0.080 $7,000 9 0.080 $7,000 10 0.080 $9,000 11 0.080 $9,000 12 0.080 $9,000 13 0.080 $9,000 14 0.080 $9,000 15 0.080 NPV