Modify the spreadsheet in Sidebar 17-1 to compare the purchase of two pieces of equipment based on

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Modify the spreadsheet in Sidebar 17-1 to compare the purchase of two pieces of equipment based on their net present value. Test your spreadsheet by entering the data from Problems 8 and 9. Compare your spreadsheet’s solution to the answers to these problems


Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...
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