The first file is the problem. The second file shows the initial payment as 129.2852 which I believe is incorrect. This class is Financial Modeling....

I have attached two files.  The first file is the problem.  The second file shows the initial payment as 129.2852 which I believe is incorrect.  This class is Financial Modeling.

• Attachment 1
• Attachment 2

Q1 1 (a) 1 (b) Initial Cost600Annual CF100Disc rate8%Period10NPV=$71.01As NPV is positive, we should purchase the assetIRR = 10.56%Loanperiod Disc RateFY CF XNPVYear0123456...