Question: please solve using excel. correct answer is: $1618.80 just want to see the work on excel A project will produce cash inflows of $2,800 a
please solve using excel.
correct answer is: $1618.80
just want to see the work on excel
A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500. What is the net present value of this project if the required rate of return is 14 percent
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