Practical Management Science, Loose-leaf Version
Practical Management Science, Loose-leaf Version
5th Edition
ISBN: 9781305631540
Author: WINSTON, Wayne L.; Albright, S. Christian
Publisher: Cengage Learning
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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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