Question: How do you calculate these problems with a TI-84 Plus calculator using the financial app? Please show how to enter into calculator using one of

How do you calculate these problems with a TI-84 Plus calculator using the financial app? Please show how to enter into calculator using one of financial functions (npv, tmv, or other) or image of calculator screen. Thanks!

How do you calculate these problems with a TI-84 Plus calculator using

Problem 8-7 Calculating NPV and IRR [LO 3, 4] A project that will provde annual cash flows of $3,100 for nine years costs $10,400 today. a. At a required return of 12 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. At a required return of 28 percent, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. At what discount rate would you be indifferent between accepting the project and rejecting it? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) $ NPV 6,117.57 a. NPV b. 528.93 Discount 26.12 % C. rate

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!