Using Excel. Please remember to include formulas.

X H Calculating NPV - Excel ? - 5 X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 AR M ID Paste BIU % Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Editing Clipboard Font A1 A B D E F G H I J K 1 2 3 What is the NPV of the following cash flows at a discount rate of zero percent? What if the discount rate is 10 percent? If it is 20 percent? If it is 30 percent? 4 5 6 7 Year 0 Year 1 Year 2 Year 3 $ $ $ $ (13,900) 6,400 8,700 5,900 8 9 10 11 12 Discount rate Discount rate Discount rate Discount rate 0% 10% 20% 30% 13 14 15 16 Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel function to answer this question. NPV at 0 percent NPV at 10 percent NPV at 20 percent NPV at 30 percent