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Payback period
The period of time for the inital investment to be recouped.
PBP formula
x + outstanding amount/total reciept
Discounted payback period
Payback period that also accounts for the time value of money.
DPBP formula
Calculate PV then apply PBP formula.
Net present value
The net present value is the value that the investment returns in excess of the required return.
IRR formula
IRR = a + (b-a) (NPVa/NPVa - NPVb)
Profitability index
ΣPV of cash flows/C0
Equivalent annual annuity (EAA)
EAA converts the project’s cashflows into ana nnuity for easy comparison.
EAA formula
NPV/PVAF
Non financial considerations
Environmental, social, ethical, corporate governance, political.