Description
A project with an initial cost of $45,000 (Year 0) with a life of 5 years is under consideration. The annual benefits and costs at end of Year 1 to end Year 5 are expected at $30,000 and $10,000 respectively. The discount rates at 3% for end of year 1 to year 5 are .978, .943, .915, .888, and .863. Compute the NPV of this project and the Payback period. Complete the computation in MS Excel (or Word)
Please solve this problem and send me ASAP.
Thanks
Explanation & Answer
Hello buddy👊 here is my final solutionLemme know if you need help with editsRegardsCharles
NPV for the project= Present value of cash in-Present value of cash out
Present value of C...
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