Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the result in cell B8? A B C D E 1 Year Cash Flow 2 0 (7,500) 3 1 1,000 4 2 2,000
What is the result in cell B8?
| A | B | C | D | E | |
| 1 | Year | Cash Flow | |||
| 2 | 0 | (7,500) | |||
| 3 | 1 | 1,000 | |||
| 4 | 2 | 2,000 | |||
| 5 | 3 | 3,000 | |||
| 6 | 4 | 4,000 | |||
| 7 | Rate | 10% | |||
| 8 | Decision | =IF(NPV(B7,B3:B6)>=-B2,"Accept","Reject") | |||
Group of answer choices
Accept
Reject
Neither Accept nor Reject
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
