Interest Rate $12\mathrm{.}0\%$

Cash Flows $($CF$)$ PV of CF Payback

$0(7,125,000)(7,125,000)(7,125,000)$

$11,875,0001,674,107(5,250,000)$

$21,875,0001,494,739(3,375,000)$

$31,875,000$

$41,875,000$

$51,875,000$

$61,875,000$

$71,875,000$

$81,875,000$

NPV

IRR $20\mathrm{.}33\%$ Payback

Interest Rate $15\mathrm{.}0\%$

Discounted

Cash Flows $($CF$)$ PV of CF Payback

$0(3,250,000)(3,250,000)(3,250,000)$

$11,400,0001,217,391(2,032,609)$

$21,400,000$

$31,400,000$

$41,400,000$

$51,400,000$

NPV $(2,032,609)$

IRR Payback

Cost $(1,000,000)$

PI $2\mathrm{.}24$

PI $=$ PV$/-$Cost

PV $=$ PI X Cost

Cost

NPV

$1$

$2$

Interest Rate $14\mathrm{.}0\%$

Cash Flows $($CF$)$ PV of CF

$0(312,500)(312,500)$

$1121,450106,535$

$2121,45093,452$

$3121,45081,975$

$4$

$5$

$6$

$7$

NPV $(30,538)$