Question: Please do not use excel to solve this. I am using a BA II Plus calculator and I am confused on how to enter the

Please do not use excel to solve this. I am using aPlease do not use excel to solve this. I am using a BA II Plus calculator and I am confused on how to enter the functions on my calculator to get the NPV.

You are evaluating a capital project with a Net Investment of $400,000, which includes an increase in net working capital of $16,000. The project has a life of 12 years with an expected salvage value of $3,000. The project will be depreciated via simplified straight-line depreciation. Revenues are expected to increase by $90,000 per ye and operating expenses by $8,000 per year. The firm's marginal tax rate is 40 percent and the cost of capital for this project is 15%. What is the net present value of thi project? Round to the nearest penny. Do not include a dollar sign

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