Question
The correct answer is 10426.03, but I need help using a financial calculator. Specifically, a BA II Plus Texas Instruments, here is what I am
The correct answer is 10426.03, but I need help using a financial calculator. Specifically, a BA II Plus Texas Instruments, here is what I am currently doing;
CF>CF0=-$100,498.00>enter>down arrow>C01=$11,589.00>enter>down arrow>F01=1 (this is where I need help, what do I enter for the F0s in the calculator?)>enter>down arrow>C02=$25,659.00>enter>down arrow>F02=2>enter>down arrow>C03=$52,368.00>enter>down arrow>F03=3>enter>down arrow>C04=$45,791.00>enter
Then NPV>I=7>enter>down arrow>NPV>CPT, and it gives me 94.390.09, help?
A real estate investment has the following expected cash flows:
YEAR | CASH FLOW |
---|---|
0 | -$100,498.00 |
1 | $11,589.00 |
2 | $25,659.00 |
3 | $52,368.00 |
4 | $45,791.00 |
The investor wants a 7.00% return on this investment. What is the NPV of this opportunity?
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