**IMPORTANT:** Numeric entry fields must not contain dollar signs, percent signs, commas, spaces, etc. (only digits 0-9 and decimal points are allowed).

Click the **Terms** tab above for a more detailed description of each entry.

#### Step #1:

Enter the discount rate you want the calculator to use for discounting cash flows.

#### Step #2:

If you want the entry form to include labels indicating specific years, enter the 4-digit starting year. Otherwise, if you want the labels to simply be year 1, 2, 3, etc., you can leave the starting year field blank.

#### Step #3:

Enter the number of years you want to include in your discounted cash flows. Note that if you entered a 4-digit starting year, then you can either enter a number of years or the 4-digit ending year.

#### Step #4:

Click the "Create Entry Form" button. This will generate a year-by-year entry form for entering all applicable cash outflows and inflows.

#### Step #5:

Enter the starting cash outflow (investment) on the first line of the form and then enter all subsequent outflows and inflows in the years you expect them to occur. You can skip over any years where no cash flows occurred. Also, the calculator will interpret the last cash flow entered as the end of the report, regardless of how many years are included in the form.

#### Step #6:

Once you are satisfied with your cash flow entries, click the "Calculate Net Present Value" button. This will display the present value of the discounted cash flows, along with a year-by-year chart showing the outflow, inflow, net cash flow, and discounted cash flow for each cash flow year.

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