Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,000 and will produce cash flows as follows: End of Year Investment
A B
1 $8,000 $0
2 8,000 0
3 8,000 24,000
Which investment should alfarsi choose?
A. Both investments are acceptable, but A should be selected because it has the greater net present value.
B. Only investment b is acceptable.
C. Both investments are acceptable, but b should be selected because it has the greater net present value.
D. Neither machine is acceptable.

Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding