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Device costs $5,000 & improve earnings $2,000 a year for 5 years then sold for $600. What is NPV@15%? IRR?

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I set up Excel but it's not computing. Any assistance would be greatly appreciated.

Thank you.

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  1. Normally, people tend to add the investment $5,000 into the formula. Try excluding it from the "NPV" formula, and add it back (assumed -$5,000) after that.

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