Project A

Year
0
1
2
3
4
5

-500
85
200
240
220
70

Project B

-500
480
100
70
30
20
discount
factor

10%

1
0.909
0.826
0.751
0.683
0.621
NPV

18.4%

discount
factor
1
0.845
0.713
0.602
0.509
0.430

25.4%
discount
factor
1
0.797
0.636
0.507
0.404
0.322

A
B
present
present
value
value
-500
-500
77.273
436.364
165.289
82.645
180.316
52.592
150.263
20.490
43.464
12.418
116.605
104.509
A
present
value
-500
71.791
142.668
144.596
111.948
30.084
1.087
B
present
value
-500
382.775
63.592
35.498
12.132
6.450
0.447

discount
42.00% factor
1
0.704
0.496
0.349
0.246
0.173

discount
18.5% factor
1.000
0.844
0.712
0.601
0.507
0.428
25.5%
discount
factor
1.000
0.797
0.635
0.506
0.403
0.321

A
present
value
-500.000
71.730
142.427
144.230
111.570
29.958
-0.085
B
present
value
-500
382.47
63.491
35.413
12.093
6.424
-0.108

present
value
-500
59.86
99.187
83.82
54.11
12.124
-190.901

IRR A

0.1849

IRR B

0.25481

discount
26.68% factor
1
0.789
0.623
0.492
0.388
0.307

present
value
-500
378.91
62.316
34.435
11.650
6.131
-6.556