EBK PRACTICAL MANAGEMENT SCIENCE
EBK PRACTICAL MANAGEMENT SCIENCE
5th Edition
ISBN: 9780100655065
Author: ALBRIGHT
Publisher: YUZU
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Chapter 2.7, Problem 19P
Summary Introduction

To calculate: The net present value and discount it back to the discount rate using the XNPV function.

Time value of money (TVM):

It states that the money available at a particular period will be worth more than the identical sum in future due to the potential earning capacity of the money. It is sometimes also referred to as the present discounted value.

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