Explain the nature of capital investment analysis and the use of present value in making capital investment decisions.

First, explain the nature of capital investment analysis and the use of present value in making capital investment decisions.

Please try to incorporate organizational tools such strategic spacing, bolding, numbering/bullet points (if necessary), into your response to make it easier to follow and to give it a more professional appearance.
Your response to each chapter discussion question should
(1) answer the question directly
(2) be substantive and in your own words as much as possible
(3) include an illustration if appropriate
(4) should be a minimum of 150 words in length.

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