0.

25
Discoun
Tahun EAT Penyusutan Cash Flow t Factor PV kas bersih
25%
2020 950,000,000 700,000,000 1,650,000,000 0.80 1,320,000,000
2021 1,100,000,000 700,000,000 1,800,000,000 0.64 1,152,000,000
2022 1,150,000,000 700,000,000 1,850,000,000 0.51 943,500,000
2023 1,250,000,000 700,000,000 1,950,000,000 0.41 799,500,000
2024 1,275,000,000 700,000,000 1,975,000,000 0.33 651,750,000
2025 1,450,000,000 700,000,000 2,150,000,000 0.26 559,000,000
2026 1,460,000,000 700,000,000 2,160,000,000 0.21 453,600,000
2027 1,500,000,000 700,000,000 2,200,000,000 0.17 374,000,000
2028 1,540,000,000 700,000,000 2,240,000,000 0.13 291,200,000
2029 1,650,000,000 700,000,000 2,350,000,000 0.11 258,500,000
Jumlah PV kas bersih 6,803,050,000
7,000,000,000 20,325,000,000 10,000,000,000
10,000,000,000
70%
203% Payback Periode 10,000,000,000
Tahun 1 (1,650,000,000) n + (a -b) /(c-b) x 1 Tahun
13,325,000,000 8,350,000,000
ARR 10,000,000,000 Tahun 2 (1,800,000,000) 5 + (10.000.000.000-9.225.000.00
133% 6,550,000,000 0.36046511627907
Tahun 3 (1,850,000,000) 5 + 0.36
4,700,000,000 5.36
Tahun 4 (1,950,000,000)
2,750,000,000
Tahun 5 (1,975,000,000)
775,000,000
Tahun 6 (2,150,000,000) PI = Aliran Cash Flow/Investasi
(1,375,000,000) 20,325,000,000
10,000,000,000

0.15
Discoun
Tahun EAT Penyusutan Proceed t Factor PV kas bersih
25%
2020 950,000,000 700,000,000 1,650,000,000 0.87 1,435,500,000
2021 1,100,000,000 700,000,000 1,800,000,000 0.76 1,368,000,000
2022 1,150,000,000 700,000,000 1,850,000,000 0.66 1,221,000,000
2023 1,250,000,000 700,000,000 1,950,000,000 0.57 1,111,500,000
2024 1,275,000,000 700,000,000 1,975,000,000 0.50 987,500,000
2025 1,450,000,000 700,000,000 2,150,000,000 0.43 924,500,000
2026 1,460,000,000 700,000,000 2,160,000,000 0.38 820,800,000
2027 1,500,000,000 700,000,000 2,200,000,000 0.33 726,000,000
2028 1,540,000,000 700,000,000 2,240,000,000 0.28 627,200,000
2029 1,650,000,000 700,000,000 2,350,000,000 0.25 587,500,000
Jumlah PV kas bersih 9,809,500,000
10,000,000,000

IRR = 14% + (10.206.900.000 - 10.000.000.000) (15%-14%)

(10.206.900.000 - 9.809.500.000)
IRR = 14% + 0.52%
IRR = 14,52%
IRR > BUNGA DEPOSITO ===> DITERIMA
IRR < BUNGA DEPOSITO ------> TOLAK
 1,650,000,000 Modal Kerja 3000000000
3,450,000,000 Umur Ekonomis
5,300,000,000
7,250,000,000
9,225,000,000
###
###
###
### Err:523
###

/(c-b) x 1 Tahun
4.32
0.000.000-9.225.000.000)/(11.375.000.000-9.225.000) 9.6

atau setara 5 Tahun 4 Bulan 10 Hari

an Cash Flow/Investasi

203%

MENGHITUNG BERDASARKAN BUNGA DEPOSITO YANG BERLAKU

Pajak
Tahun Nilai Bunga 25%
Deposito

2020 10,000,000,000 2,500,000,000 500,000,000

2021 10,000,000,000 2,500,000,000 500,000,000
2022 10,000,000,000 2,500,000,000 500,000,000
2023 10,000,000,000 2,500,000,000 500,000,000
2024 10,000,000,000 2,500,000,000 500,000,000
2025 10,000,000,000 2,500,000,000 500,000,000
 2026 10,000,000,000 2,500,000,000 500,000,000
2027 10,000,000,000 2,500,000,000 500,000,000
2028 10,000,000,000 2,500,000,000 500,000,000
2029 10,000,000,000 2,500,000,000 500,000,000

10206900000 206,900,000.00
(3,006,450,000)
-0.068818706448
BERLAKU MENGHITUNG BERDASARKAN IRR

Bunga Bersih Tahun Nilai Bunga 14,52%

2,000,000,000 2020 10,000,000,000 1,452,000,000

2,000,000,000 2021 10,000,000,000 1,452,000,000
2,000,000,000 2022 10,000,000,000 1,452,000,000
2,000,000,000 2023 10,000,000,000 1,452,000,000
2,000,000,000 2024 10,000,000,000 1,452,000,000
2,000,000,000 2025 10,000,000,000 1,452,000,000
 2,000,000,000 2026 10,000,000,000 1,452,000,000
2,000,000,000 2027 10,000,000,000 1,452,000,000
2,000,000,000 2028 10,000,000,000 1,452,000,000
2,000,000,000 2029 10,000,000,000 1,452,000,000
20,000,000,000 14,520,000,000
10,000,000,000
30,000,000,000
20,325,000,000
9,675,000,000
Pajak Deposito
Bunga Bersih
(20%)

290,400,000 1,161,600,000
290,400,000 1,161,600,000
290,400,000 1,161,600,000
290,400,000 1,161,600,000
290,400,000 1,161,600,000
290,400,000 1,161,600,000
 290,400,000 1,161,600,000
290,400,000 1,161,600,000
290,400,000 1,161,600,000
290,400,000 1,161,600,000
2,904,000,000.00 11,616,000,000.00
10,000,000,000
21,616,000,000.00
20,325,000,000
1,291,000,000