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Use formulas to complete the problem and show the used formulas; thank you. Also, the years stop at 500. fx 8 B D E F

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Use formulas to complete the problem and show the used formulas; thank you. Also, the years stop at 500.

fx 8 B D E F G H J K 1 gUnderstanding the effect of investment horizon on NPV 2 3 $ 65,000.00 per year What is the minimum number of years that an investment of $590,909.91 must return to be an acceptable investment if the opportunity cost of capital is 10.0000000% 4 5 5 6 Cumulative Sum of PV(CF) 7 Year CF PV(CF) 8 9 Initial investment= $590,909.91 Annual cash flows= $ 65,000.00 Cost of capital= 10.000000% 10 11 0 1 2 3 4 5 6 12 Minimum number of years= 13 14 15 16 17 18 19 20 7 8 9 10 11 12 13 14 15 16 17 21 22 23 24 25

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