The following examples in the attached file use a HP-12C financial calculator. You might have to modify for different calculators. However, you can get the same answer by using tables or Excel.
Note: Excel is required for this assignment.
Answer the following questions in the Excel Spreadsheet after completing the computations:
- Why is the time value of money concept important to a nonprofit’s fiscal health?
- If you were the executive director of a small nonprofit offering programmatic technical assistance to other nonprofits, when would you use cost-benefit analysis?
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