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USING EXCEL FORMULAS PLEASE! ***C28 formula =ROUND((1-1/(1+B16)^C3)/B16,3) is INCORRECT ***D28 formula =ROUND(1/(1+B16)^C3,3) is INCORRECT 1. Determine the payback period for an investment. 2. Evaluate the

USING EXCEL FORMULAS PLEASE!
***C28 formula
=ROUND((1-1/(1+B16)^C3)/B16,3)
is INCORRECT
***D28 formula
=ROUND(1/(1+B16)^C3,3) is INCORRECT
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image text in transcribed
image text in transcribed
1. Determine the payback period for an investment. 2. Evaluate the acceptability of an investment project using the net present value method. 3. Evaluate the acceptability of an investment project using the internal rate of return method. 4. Compute the simple rate of return for an inunetmant Saved \begin{tabular}{|l|l|l|l|l|} A1 Laurman, Inc, is considering the following project: \end{tabular}

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