VPL_TIR_e_Payback

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VPL
	Exemplo		2%					Exemplo		5%
			1	2	3	4				1	2	3	4
	C0	200,000	40,000	50,000	45,000	80,000		C0	230	55	75	65	80
	VP	203,586	39,216	48,058	42,405	73,908		VP	242	52.38	68.03	56.15	65.82
	VPL	3,586.26						VPL	12.37
								VPL	12.37
	Se as taxas forem diferentes		2%	3%	4%	4%
			1	2	3	4
	C0	200,000	40,000	50,000	45,000	80,000
	VP	194,735	39,216	47,130	40,005	68,384
	VPL	-5,265.35
	Exemplo		5%
		0	1	2	3
	C0	1,200	630	270	510
	VP	1,285	600	245	441
	VPL	85.46
	VP	1,285.46
	VPL	85.46
TIR
	Exemplo		5%			-R$ 1,200.00	R$ 630.00	R$ 270.00	R$ 510.00
		0	1		TIR	8.95%
	C0	-R$ 600.00	R$ 630.00
	VP	R$ 600.00	R$ 600.00
	VPL	R$ 0.00
	VP	R$ 600.00
	TIR	5%
Payback
	Ano	250,000			Ano	500				Sem VPL				Com VPL		5%
	1	62,500	62,500		1	100				Ano	300,000			Ano	300,000
	2	62,500	125,000		2	200	300			1	70,000	70,000		1	70,000	66,667	66,667
	3	62,500	187,500		3	500	800			2	75,000	145,000		2	75,000	68,027	134,694
	4	62,500	250,000							3	75,000	220,000		3	75,000	64,788	199,482
	5	62,500	312,500		x	200	0.40	4.8		4	60,000	280,000		4	60,000	49,362	248,844
					1	500	0.80	24		5	40,000	320,000		5	40,000	31,341	280,185
		4 anos								6	25,000	345,000		6	25,000	18,655	298,840
					2 anos e 5 meses
					2 anos, 5 meses e 24 dias					x	20,000	0.50		O projeto não recupera o investimento
										1	40,000
										4 anos e 6 meses