NPV=-4,300,000+710,000(PVIFA 11.30%, 20)
The answer is NPV=1,243,895.08.
My question is how do I use a financial calculator to get the answer?
I am telling you how to do it in financial calculator 'BAII Plus Tutorial'.
First we will calculate the 710,000(PVIFA 11.30%, 20):
Now to find the Net NPV, we can add -4,300,000 to it.
NPV = -4,300,000 + 5543895.08 = 1,243,895.08.
Please do rate me and mention doubts, if any, in the comments section.
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