For each example, calculate the present value, or net present
value, of the future amount(s) to support your answer and show your
work using either factors (pp. 219 & 221 in the text), an Excel
spreadsheet with the Excel PV or NPV functions or the equations,
such as PV = FV / (1+Interest Rate)Time.
Suppose you have a project where you will invest $20,000 today
and receive one payment $26,200 exactly 5 years in the future. If
your opportunity cost...