Question: Please explain how to do using NPV function in excel, thanks! Find the net present value (NPV) for a proposed project costing $124,074. Assume that

 Please explain how to do using NPV function in excel, thanks!

Please explain how to do using NPV function in excel, thanks!

Find the net present value (NPV) for a proposed project costing $124,074. Assume that the appropriate cost of capital for projects of this risk level, at this company is 10.82%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $59,781 $22,862 $97,808 $61,431 $85,262

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