43 000
600 0006%5
8%
1 041
1A
A
A
a
A 1
=10001 P/F6%5+10008%1 0507401 000400 000100 0004i600030 00025%19% 1 2 3 4 5NCF 6 1100 00030 000NCF070 000 2(100000-6000)/4=23 500
75023500-6750=16 750
3(1-25%)=138 355(1-25%)=129 47750887750
4600030003000 5NCF0100 000NCF13161 855NCF4167855
NCF030 000NCF13136 22750
NCF4139 22750
6IRR=183619 6-1AB5025010%20%
1.20.35B50
150C15%
1.57
=10%50300=11.67%
=1.250300+0.35250300=0.4917.4917=10%50450+12%200200450=13.11%
=1.250450+0.35200450+1.57450=0.9867
=13.11%-11.67%11.67%=12.34% 12.34%
=0.9867-0.49170.4917=100.67%12.34%
100.67% 6-2
5.4%16%
12%1.08
80
1
2
3
1=10%+1.0815%-10%=15.4%
2=81+5.4%/15.4%-5.4%=84.32
384.32
80
234505018%P/A6%5 =10000.7473+804.2124=1084.29 10411084.296% 7% P/F7%5+10008%P/A7%5 P=1000 =10000.7130+804.1000=1041 10417% 21000+10008%5P/F6%5=1400 1046.226% 5% 8%5P/F5%5=14000.780.7835=1096.90 10501096.905%6% 30.7473=747.34=1000 AA A5A P/F6% 5=1000