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NPV & IRR

Evaluate a project with an initial outlay and level annual cash flows.

Your numbers

$
$
%

Net present value

$23,549

Cumulative discounted value

grows to $23.5K

Internal rate of return
15.34%
Simple payback
3.8 years
Undiscounted total
$72,000

A positive net present value means the project clears your hurdle rate, so the money is worth tying up.

In plain English

NPV & IRR explained simply

A dollar today is worth more than a dollar next year, because today's dollar can start growing right away. These two numbers judge a project using that idea.

For example

If a project's NPV is above zero, it's expected to make you money after accounting for time and risk.

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