Requirements:
1.Please open the doc file named questions.
2. Solve questions manually by hand. You must show and perform manual calculations for all problems.
3. Please note that when I ask you to show “formulas and factors” used to set up and solve the problems, I intend that you should show in mathematical expressions how you use the tabulated factors such as (P/F,i,N), and others as appropriate, to calculate NPV, AE or other quantities the problem requires. Alternatively, you may use the actual mathematical expression represented by (P/F,i,N) or other tabulated factor. You do NOT need to do BOTH.?If you model solution on the solved problems I’ve attached, you’ll be on target.
3.Last step, use Excel or other computerized tools to CHECK the answer. It’s just to check the answers but the most important thing is manual calculation
Attachments:
1. Attaching are the lectures, solutions for the problems in the book, and excel files to check these solutions. You might find them helpful to solve questions.
2. I have pdf copy of the book but I couldn’t submit it here because of it’s size. So, I took a screen shots of page 102.
3. The file named answers includes the solutions of the questions but Please note that the number are changed in some of the problems and also I am not really sure that the answers in the file is right. I just submit it just t show you how I want the manual calculation but it should be in your way.