Question: I'm not sure what I did wrong initially. I tried to calculate the PV of each amount and then adding all 5 of those and


I'm not sure what I did wrong initially. I tried to calculate the PV of each amount and then adding all 5 of those and got the $22,983, but that was wrong. I thought I knew how to do this, but I guess not. Please help, thank you so much
1 1. Calculate the NPV with non-normal cash flows. ? X 0/0 points awarded NPV with Non-Normal Cash Flows - Excel PAGE LAYOUT FORMULAS DATA REVIEW FILE HOME INSERT VIEW Sign In Scored Calibri - 11-AA % CH M Paste B TU Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells . Editing Clipboard Font A eBook Al f B D E E F G H H 1 References 7 Cost of capital 6% 8 9 10 11 12 13 Time 0 1 2 3 4 5 Cash Flow $11,800 $5,900 $6,900 $6,900 $5,900 -$14,800 15 16 17 18 19 Complete the following analysis. Do not hard code values in your calculations, and do not round intermediate calculations. 20 $22,983.10 NPV Accept or reject decision 21 22 23 24 25 26 27 Sheet1 READY Stan LOL + 100%
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