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Use the Five Steps to Solve Math Word Problems for this problem. Calculate the Net Present Value (NPV) for a project costing QAR 1,000,000. The
Use the Five Steps to Solve Math Word Problems for this problem. | |||||||
Calculate the Net Present Value (NPV) for a project costing QAR 1,000,000. The project will return QAR 65,000 annually for 25 years. The discount rate is 5%. Should the company go ahead with the project? | |||||||
1) State the goal of the problem | 2) List all relevant facts, conditions and numbers with proper labels | Planned Project | |||||
Annual Discount Rate | |||||||
Initial Cost of Investment | |||||||
Return Year 1 | |||||||
Return Year 2 | |||||||
Return Year 3 | |||||||
Return Year 4 | |||||||
Return Year 5 | |||||||
3) Solve problem using Efficient Excel Methods | 4) Check answer | Return Year 6 | |||||
Use the table starting in cell G6 | Try Again | Return Year 7 | |||||
Return Year 8 | |||||||
Return Year 9 | |||||||
Return Year 10 | |||||||
Return Year 11 | |||||||
Return Year 12 | |||||||
Return Year 13 | |||||||
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