Essentials of Systems Analysis and Design (6th Edition)
Essentials of Systems Analysis and Design (6th Edition)
6th Edition
ISBN: 9780133546231
Author: Joseph Valacich, Joey George
Publisher: PEARSON
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Chapter 4, Problem 29DQ
Program Plan Intro

Net Present Value (NPV):

  • Net Present Value refers to the value that can be applied to a series of cash flows that occurs at different times.
  • The present value of cash flow depends on the discount rate and the time interval.
  • It is determined by calculating the costs and benefits for each period.

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