TAXA 5%

INVESTIMENTO = R$ 1,000,000.00
TAXA = 5%
TAXA (TMA) = 5%

PAYBACK SIMPLES
Tempo FCL Saldo do Invest.
0 -R$ 1,000,000.00 -R$ 1,000,000.00
1 R$ 100,000.00 -R$ 900,000.00
2 R$ 100,000.00 -R$ 800,000.00
3 R$ 350,000.00 -R$ 450,000.00
4 R$ 400,000.00 -R$ 50,000.00
5 R$ 200,000.00 R$ 150,000.00
6 R$ 150,000.00 R$ 300,000.00
7 R$ 100,000.00 R$ 400,000.00

Retorno em 4 anos e 3 meses Tempo fracionário

3
TIR = 9%
VPL = R$ 157,070.87

VPL>0
TIR>TMA
Projeto viável com TMA = 5%

TAXA 12%
INVESTIMENTO = R$ 1,000,000.00
TAXA = 12%

PAYBACK SIMPLES PAYBACK DESCONT

Tempo FCL Saldo do Invest.
0 -R$ 1,000,000.00 -R$ 1,000,000.00
1 R$ 100,000.00 -R$ 900,000.00
2 R$ 100,000.00 -R$ 800,000.00
3 R$ 350,000.00 -R$ 450,000.00
4 R$ 400,000.00 -R$ 50,000.00
5 R$ 200,000.00 R$ 150,000.00
6 R$ 150,000.00 R$ 300,000.00
7 R$ 100,000.00 R$ 400,000.00

Retorno em 4 anos e 3 meses tempo fracionados

3

VPL<0 TIR = 9%
TIR<TMA VPL = -R$ 92,949.62
Projeto inviável com TMA = 12%
 PAYBACK DESCONTADO
Tempo FCL FCLVP Saldo do Invest.
0 -R$ 1,000,000.00 -R$ 1,000,000.00 -R$ 1,000,000.00
1 R$ 100,000.00 R$ 95,238.10 -R$ 904,761.90
2 R$ 100,000.00 R$ 90,702.95 -R$ 814,058.96
3 R$ 350,000.00 R$ 302,343.16 -R$ 511,715.80
4 R$ 400,000.00 R$ 329,080.99 -R$ 182,634.81
5 R$ 200,000.00 R$ 156,705.23 -R$ 25,929.57
6 R$ 150,000.00 R$ 111,932.31 R$ 86,002.74
7 R$ 100,000.00 R$ 71,068.13 R$ 157,070.87

Retorno em 4 anos e 2 meses e 23 dias

Tempo fracionário
2.77984875
23.39544

YBACK DESCONTADO
TempoFCL FCLVP Saldo do Invest.
0 -R$ 1,000,000.00 -R$ 1,000,000.00 -1000000
1 R$ 100,000.00 R$ 95,238.10 -904761.904761905
2 R$ 100,000.00 R$ 90,702.95 -814058.9569161
3 R$ 350,000.00 R$ 302,343.16 -511715.797430083
4 R$ 400,000.00 R$ 329,080.99 -182634.80751333
5 R$ 200,000.00 R$ 156,705.23 -25929.5742196387
6 R$ 150,000.00 R$ 111,932.31 86002.7352758555
7 R$ 100,000.00 R$ 71,068.13 157070.868288868

Retorno em 4 anos e 2 meses e 23 dias

tempo fracionario
2.77984875
23.39544