I wanted to share one of my favorite tools for making financial decisions: Net present value (NPV) tables.
What you can do with an NPV table:
- Compare two options where money is the only deciding factor, e.g.:
- Deciding what car to buy
- Deciding whether to buy a house or rent
- Deciding whether to invest in product A or B(or neither)
Limitations of NPV tables:
- You have to have some internal rate of return (IRR), which represents the best...
[HOW TO] NPV Tables For Making Decisions
from [HOW TO] NPV Tables For Making Decisions
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