A) How can NPV be used in personal life?

A) How can NPV be used in personal life?Elaborateandexplain. B.) If you think of the term theoretically you have to come to realize that it is implied or existing only in theory and it is not practical, and speculative which is the terms used by dictionary.com. Because net present value is the theoretically correct method it is not practical for most practitioners. Net present value of cash inflows equals the initial investment and IRR