calculate pv in excel

Present Value Mixed Streams?

How can you compare the calculated PV in light of the fact that the undiscounted cash flow totals $150,000 in each case?????

15%
Cash Flow Stream
year a b
1 …………. 50,000 ……….10,000
2 …………..40,000 ………. 20,000
3 ………… 30,000………. 30,000
4 ………… 20,000 ………. 40,000
5 …………..10,000 ………. 50,000

Totals ..150,000 …….. 150,000

For “A” using financial tables total NPV is $109,856.33 and using Excel an function the total NPV is $109,856.33

For “B” using financial tables total NPV is $91,290.00 and using Excel an function the total NPV is $91,272.98

HELP!!!!!

you have answered your question. You compare $109.9K vs $91.3K. Given the choice you would select Option A as this yields the higher result, reflecting the fact that you have a higher amount of $$ in the early period of the cash flow stream.

How To… Calculate Net Present Value (NPV) in Excel 2003




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