NPV = PV of Cash Inflows - PV of Cash outflows
Year |
CF |
PVF @11% |
Disc CF |
0 |
$
-47,925.00 |
   1.0000 |
$
-47,925.00 |
1 |
$
12,000.00 |
   0.9009 |
$
10,810.81 |
2 |
$
12,000.00 |
   0.8116 |
$Â Â Â 9,739.47 |
3 |
$
12,000.00 |
   0.7312 |
$Â Â Â 8,774.30 |
4 |
$
12,000.00 |
   0.6587 |
$Â Â Â 7,904.77 |
5 |
$
12,000.00 |
   0.5935 |
$Â Â Â 7,121.42 |
6 |
$
12,000.00 |
   0.5346 |
$Â Â Â 6,415.69 |
7 |
$
12,000.00 |
   0.4817 |
$Â Â Â 5,779.90 |
8 |
$
12,000.00 |
   0.4339 |
$Â Â Â 5,207.12 |
9 |
$
12,000.00 |
   0.3909 |
$Â Â Â 4,691.10 |
10 |
$
12,000.00 |
   0.3522 |
$Â Â Â 4,226.21 |
11 |
$
12,000.00 |
   0.3173 |
$Â Â Â 3,807.40 |
12 |
$
12,000.00 |
   0.2858 |
$Â Â Â 3,430.09 |
NPV |
$ 29,983.27 |