TIME VALUE of INCOME

Assume : Increament 8% per year (ceteris paribus flat)

Income per Year

Year 5th Year 10th Year 15th Year 20th Year 25th Year 30th Year 35th Year 40th
(Rp.)

12,000,000.00 16,325,867.52 23,988,055.53 35,246,323.49 51,788,412.71 76,094,168.85 111,807,298.77 164,281,603.27 241,383,572.19

24,000,000.00 32,651,735.04 47,976,111.05 70,492,646.98 103,576,825.42 152,188,337.69 223,614,597.53 328,563,206.54 482,767,144.37

36,000,000.00 48,977,602.56 71,964,166.58 105,738,970.47 155,365,238.13 228,282,506.54 335,421,896.30 492,844,809.81 724,150,716.56

48,000,000.00 65,303,470.08 95,952,222.10 140,985,293.96 207,153,650.84 304,376,675.39 447,229,195.07 657,126,413.08 965,534,288.75

60,000,000.00 81,629,337.60 119,940,277.63 176,231,617.46 258,942,063.55 380,470,844.23 559,036,493.84 821,408,016.35 1,206,917,860.93

72,000,000.00 97,955,205.12 143,928,333.15 211,477,940.95 310,730,476.26 456,565,013.08 670,843,792.60 985,689,619.62 1,448,301,433.12

84,000,000.00 114,281,072.64 167,916,388.68 246,724,264.44 362,518,888.97 532,659,181.93 782,651,091.37 1,149,971,222.89 1,689,685,005.31

96,000,000.00 130,606,940.16 191,904,444.20 281,970,587.93 414,307,301.68 608,753,350.78 894,458,390.14 1,314,252,826.16 1,931,068,577.49

108,000,000.00 146,932,807.68 215,892,499.73 317,216,911.42 466,095,714.38 684,847,519.62 1,006,265,688.91 1,478,534,429.43 2,172,452,149.68

120,000,000.00 163,258,675.20 239,880,555.25 352,463,234.91 517,884,127.09 760,941,688.47 1,118,072,987.67 1,642,816,032.70 2,413,835,721.87

TIME VALUE of INCOME (accumulation)
Assume : Increament 8% per year (ceteris paribus flat)

Income per Year

Year 5th Year 10th Year 15th Year 20th Year 25th Year 30th Year 35th Year 40th
(Juta - Rp.)

12,000,000.00 70,399,211.52 173,838,749.59 325,825,367.13 549,143,571.58 877,271,279.43 1,359,398,533.36 2,067,801,644.15 3,108,678,224.52

24,000,000.00 140,798,423.04 347,677,499.18 651,650,734.26 1,098,287,143.15 1,754,542,558.87 2,718,797,066.72 4,135,603,288.30 6,217,356,449.04

36,000,000.00 211,197,634.56 521,516,248.77 977,476,101.39 1,647,430,714.73 2,631,813,838.30 4,078,195,600.08 6,203,404,932.44 9,326,034,673.56

48,000,000.00 281,596,846.08 695,354,998.36 1,303,301,468.52 2,196,574,286.31 3,509,085,117.73 5,437,594,133.44 8,271,206,576.59 12,434,712,898.08

60,000,000.00 351,996,057.60 869,193,747.95 1,629,126,835.65 2,745,717,857.89 4,386,356,397.16 6,796,992,666.81 10,339,008,220.74 15,543,391,122.60

72,000,000.00 422,395,269.12 1,043,032,497.55 1,954,952,202.78 3,294,861,429.46 5,263,627,676.60 8,156,391,200.17 12,406,809,864.89 18,652,069,347.12

84,000,000.00 492,794,480.64 1,216,871,247.14 2,280,777,569.91 3,844,005,001.04 6,140,898,956.03 9,515,789,733.53 14,474,611,509.04 21,760,747,571.64

96,000,000.00 563,193,692.16 1,390,709,996.73 2,606,602,937.04 4,393,148,572.62 7,018,170,235.46 10,875,188,266.89 16,542,413,153.18 24,869,425,796.16

108,000,000.00 633,592,903.68 1,564,548,746.32 2,932,428,304.17 4,942,292,144.20 7,895,441,514.90 12,234,586,800.25 18,610,214,797.33 27,978,104,020.68

120,000,000.00 703,992,115.20 1,738,387,495.91 3,258,253,671.30 5,491,435,715.77 8,772,712,794.33 13,593,985,333.61 20,678,016,441.48 31,086,782,245.20

Year Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income
1 12,000,000.00 24,000,000.00 36,000,000.00 48,000,000.00 60,000,000.00 72,000,000.00
2 12,960,000.00 25,920,000.00 38,880,000.00 51,840,000.00 64,800,000.00
3 13,996,800.00 27,993,600.00 41,990,400.00 55,987,200.00 69,984,000.00
4 15,116,544.00 30,233,088.00 45,349,632.00 60,466,176.00 75,582,720.00
5 16,325,867.52 32,651,735.04 48,977,602.56 65,303,470.08 81,629,337.60
6 17,631,936.92 35,263,873.84 52,895,810.76 70,527,747.69 88,159,684.61
7 19,042,491.88 38,084,983.75 57,127,475.63 76,169,967.50 95,212,459.38
8 20,565,891.23 41,131,782.45 61,697,673.68 82,263,564.90 102,829,456.13
9 22,211,162.52 44,422,325.05 66,633,487.57 88,844,650.09 111,055,812.62
10 23,988,055.53 47,976,111.05 71,964,166.58 95,952,222.10 119,940,277.63
11 25,907,099.97 51,814,199.93 77,721,299.90 103,628,399.87 129,535,499.84
12 27,979,667.96 55,959,335.93 83,939,003.89 111,918,671.86 139,898,339.82
13 30,218,041.40 60,436,082.80 90,654,124.21 120,872,165.61 151,090,207.01
14 32,635,484.71 65,270,969.43 97,906,454.14 130,541,938.86 163,177,423.57
15 35,246,323.49 70,492,646.98 105,738,970.47 140,985,293.96 176,231,617.46
16 38,066,029.37 76,132,058.74 114,198,088.11 152,264,117.48 190,330,146.85
17 41,111,311.72 82,222,623.44 123,333,935.16 164,445,246.88 205,556,558.60
18 44,400,216.66 88,800,433.32 133,200,649.97 177,600,866.63 222,001,083.29
19 47,952,233.99 95,904,467.98 143,856,701.97 191,808,935.96 239,761,169.95
20 51,788,412.71 103,576,825.42 155,365,238.13 207,153,650.84 258,942,063.55
21 55,931,485.73 111,862,971.45 167,794,457.18 223,725,942.90 279,657,428.63
22 60,406,004.58 120,812,009.17 181,218,013.75 241,624,018.34 302,030,022.92
23 65,238,484.95 130,476,969.90 195,715,454.85 260,953,939.80 326,192,424.76
24 70,457,563.75 140,915,127.49 211,372,691.24 281,830,254.99 352,287,818.74
25 76,094,168.85 152,188,337.69 228,282,506.54 304,376,675.39 380,470,844.23
26 82,181,702.35 164,363,404.71 246,545,107.06 328,726,809.42 410,908,511.77
27 88,756,238.54 177,512,477.09 266,268,715.63 355,024,954.17 443,781,192.72
28 95,856,737.63 191,713,475.25 287,570,212.88 383,426,950.51 479,283,688.13
29 103,525,276.64 207,050,553.27 310,575,829.91 414,101,106.55 517,626,383.18
30 111,807,298.77 223,614,597.53 335,421,896.30 447,229,195.07 559,036,493.84
31 120,751,882.67 241,503,765.34 362,255,648.01 483,007,530.68 603,759,413.34
32 130,412,033.28 260,824,066.56 391,236,099.85 521,648,133.13 652,060,166.41
33 140,844,995.94 281,689,991.89 422,534,987.83 563,379,983.78 704,224,979.72
34 152,112,595.62 304,225,191.24 456,337,786.86 608,450,382.48 760,562,978.10
35 164,281,603.27 328,563,206.54 492,844,809.81 657,126,413.08 821,408,016.35
36 177,424,131.53 354,848,263.06 532,272,394.60 709,696,526.13 887,120,657.66
37 191,618,062.05 383,236,124.11 574,854,186.16 766,472,248.22 958,090,310.27
38 206,947,507.02 413,895,014.04 620,842,521.06 827,790,028.07 1,034,737,535.09
39 223,503,307.58 447,006,615.16 670,509,922.74 894,013,230.32 1,117,516,537.90
40 241,383,572.19 482,767,144.37 724,150,716.56 965,534,288.75 1,206,917,860.93
Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8%
84,000,000.00 96,000,000.00 108,000,000.00 120,000,000.00
77,760,000.00 90,720,000.00 103,680,000.00 116,640,000.00 129,600,000.00
83,980,800.00 97,977,600.00 111,974,400.00 125,971,200.00 139,968,000.00
90,699,264.00 105,815,808.00 120,932,352.00 136,048,896.00 151,165,440.00
97,955,205.12 114,281,072.64 130,606,940.16 146,932,807.68 163,258,675.20
105,791,621.53 123,423,558.45 141,055,495.37 158,687,432.29 176,319,369.22
114,254,951.25 133,297,443.13 152,339,935.00 171,382,426.88 190,424,918.75
123,395,347.35 143,961,238.58 164,527,129.80 185,093,021.03 205,658,912.25
133,266,975.14 155,478,137.66 177,689,300.19 199,900,462.71 222,111,625.23
143,928,333.15 167,916,388.68 191,904,444.20 215,892,499.73 239,880,555.25
155,442,599.80 181,349,699.77 207,256,799.74 233,163,899.71 259,070,999.67
167,878,007.79 195,857,675.75 223,837,343.72 251,817,011.68 279,796,679.65
181,308,248.41 211,526,289.81 241,744,331.21 271,962,372.62 302,180,414.02
195,812,908.28 228,448,393.00 261,083,877.71 293,719,362.43 326,354,847.14
211,477,940.95 246,724,264.44 281,970,587.93 317,216,911.42 352,463,234.91
228,396,176.22 266,462,205.59 304,528,234.96 342,594,264.33 380,660,293.70
246,667,870.32 287,779,182.04 328,890,493.76 370,001,805.48 411,113,117.20
266,401,299.95 310,801,516.60 355,201,733.26 399,601,949.92 444,002,166.58
287,713,403.94 335,665,637.93 383,617,871.92 431,570,105.91 479,522,339.90
310,730,476.26 362,518,888.97 414,307,301.68 466,095,714.38 517,884,127.09
335,588,914.36 391,520,400.08 447,451,885.81 503,383,371.54 559,314,857.26
362,436,027.51 422,842,032.09 483,248,036.67 543,654,041.26 604,060,045.84
391,430,909.71 456,669,394.66 521,907,879.61 587,146,364.56 652,384,849.51
422,745,382.48 493,202,946.23 563,660,509.98 634,118,073.72 704,575,637.47
456,565,013.08 532,659,181.93 608,753,350.78 684,847,519.62 760,941,688.47
493,090,214.13 575,271,916.48 657,453,618.84 739,635,321.19 821,817,023.55
532,537,431.26 621,293,669.80 710,049,908.34 798,806,146.89 887,562,385.43
575,140,425.76 670,997,163.39 766,853,901.01 862,710,638.64 958,567,376.26
621,151,659.82 724,676,936.46 828,202,213.09 931,727,489.73 1,035,252,766.37
670,843,792.60 782,651,091.37 894,458,390.14 1,006,265,688.91 1,118,072,987.67
724,511,296.01 845,263,178.68 966,015,061.35 1,086,766,944.02 1,207,518,826.69
782,472,199.69 912,884,232.98 1,043,296,266.26 1,173,708,299.54 1,304,120,332.82
845,069,975.67 985,914,971.61 1,126,759,967.56 1,267,604,963.50 1,408,449,959.45
912,675,573.72 1,064,788,169.34 1,216,900,764.96 1,369,013,360.59 1,521,125,956.21
985,689,619.62 1,149,971,222.89 1,314,252,826.16 1,478,534,429.43 1,642,816,032.70
1,064,544,789.19 1,241,968,920.72 1,419,393,052.25 1,596,817,183.79 1,774,241,315.32
1,149,708,372.33 1,341,326,434.38 1,532,944,496.44 1,724,562,558.49 1,916,180,620.54
1,241,685,042.11 1,448,632,549.13 1,655,580,056.15 1,862,527,563.17 2,069,475,070.19
1,341,019,845.48 1,564,523,153.06 1,788,026,460.64 2,011,529,768.22 2,235,033,075.80
1,448,301,433.12 1,689,685,005.31 1,931,068,577.49 2,172,452,149.68 2,413,835,721.87
Year Start Income/Acc Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income
1 12,000,000.00 12,000,000.00 24,000,000.00 24,000,000.00 36,000,000.00 36,000,000.00 48,000,000.00 48,000,000.00 60,000,000.00 60,000,000.00 72,000,000.00
2 12,960,000.00 25,920,000.00 38,880,000.00 51,840,000.00 64,800,000.00
3 13,996,800.00 27,993,600.00 41,990,400.00 55,987,200.00 69,984,000.00
4 15,116,544.00 30,233,088.00 45,349,632.00 60,466,176.00 75,582,720.00
5 70,399,211.52 16,325,867.52 140,798,423.04 32,651,735.04 211,197,634.56 48,977,602.56 281,596,846.08 65,303,470.08 351,996,057.60 81,629,337.60 422,395,269.12
6 17,631,936.92 35,263,873.84 52,895,810.76 70,527,747.69 88,159,684.61
7 19,042,491.88 38,084,983.75 57,127,475.63 76,169,967.50 95,212,459.38
8 20,565,891.23 41,131,782.45 61,697,673.68 82,263,564.90 102,829,456.13
9 22,211,162.52 44,422,325.05 66,633,487.57 88,844,650.09 111,055,812.62
10 173,838,749.59 23,988,055.53 347,677,499.18 47,976,111.05 521,516,248.77 71,964,166.58 695,354,998.36 95,952,222.10 869,193,747.95 119,940,277.63 1,043,032,497.55
11 25,907,099.97 51,814,199.93 77,721,299.90 103,628,399.87 129,535,499.84
12 27,979,667.96 55,959,335.93 83,939,003.89 111,918,671.86 139,898,339.82
13 30,218,041.40 60,436,082.80 90,654,124.21 120,872,165.61 151,090,207.01
14 32,635,484.71 65,270,969.43 97,906,454.14 130,541,938.86 163,177,423.57
15 325,825,367.13 35,246,323.49 651,650,734.26 70,492,646.98 977,476,101.39 105,738,970.47 1,303,301,468.52 140,985,293.96 1,629,126,835.65 176,231,617.46 1,954,952,202.78
16 38,066,029.37 76,132,058.74 114,198,088.11 152,264,117.48 190,330,146.85
17 41,111,311.72 82,222,623.44 123,333,935.16 164,445,246.88 205,556,558.60
18 44,400,216.66 88,800,433.32 133,200,649.97 177,600,866.63 222,001,083.29
19 47,952,233.99 95,904,467.98 143,856,701.97 191,808,935.96 239,761,169.95
20 549,143,571.58 51,788,412.71 1,098,287,143.15 103,576,825.42 1,647,430,714.73 155,365,238.13 2,196,574,286.31 207,153,650.84 2,745,717,857.89 258,942,063.55 3,294,861,429.46
21 55,931,485.73 111,862,971.45 167,794,457.18 223,725,942.90 279,657,428.63
22 60,406,004.58 120,812,009.17 181,218,013.75 241,624,018.34 302,030,022.92
23 65,238,484.95 130,476,969.90 195,715,454.85 260,953,939.80 326,192,424.76
24 70,457,563.75 140,915,127.49 211,372,691.24 281,830,254.99 352,287,818.74
25 877,271,279.43 76,094,168.85 1,754,542,558.87 152,188,337.69 2,631,813,838.30 228,282,506.54 3,509,085,117.73 304,376,675.39 4,386,356,397.16 380,470,844.23 5,263,627,676.60
26 82,181,702.35 164,363,404.71 246,545,107.06 328,726,809.42 410,908,511.77
27 88,756,238.54 177,512,477.09 266,268,715.63 355,024,954.17 443,781,192.72
28 95,856,737.63 191,713,475.25 287,570,212.88 383,426,950.51 479,283,688.13
29 103,525,276.64 207,050,553.27 310,575,829.91 414,101,106.55 517,626,383.18
30 1,359,398,533.36 111,807,298.77 2,718,797,066.72 223,614,597.53 4,078,195,600.08 335,421,896.30 5,437,594,133.44 447,229,195.07 6,796,992,666.81 559,036,493.84 8,156,391,200.17
31 120,751,882.67 241,503,765.34 362,255,648.01 483,007,530.68 603,759,413.34
32 130,412,033.28 260,824,066.56 391,236,099.85 521,648,133.13 652,060,166.41
33 140,844,995.94 281,689,991.89 422,534,987.83 563,379,983.78 704,224,979.72
34 152,112,595.62 304,225,191.24 456,337,786.86 608,450,382.48 760,562,978.10
35 2,067,801,644.15 164,281,603.27 4,135,603,288.30 328,563,206.54 6,203,404,932.44 492,844,809.81 8,271,206,576.59 657,126,413.08 10,339,008,220.74 821,408,016.35 12,406,809,864.89
36 177,424,131.53 354,848,263.06 532,272,394.60 709,696,526.13 887,120,657.66
37 191,618,062.05 383,236,124.11 574,854,186.16 766,472,248.22 958,090,310.27
38 206,947,507.02 413,895,014.04 620,842,521.06 827,790,028.07 1,034,737,535.09
39 223,503,307.58 447,006,615.16 670,509,922.74 894,013,230.32 1,117,516,537.90
40 3,108,678,224.52 241,383,572.19 6,217,356,449.04 482,767,144.37 9,326,034,673.56 724,150,716.56 12,434,712,898.08 965,534,288.75 15,543,391,122.60 1,206,917,860.93 18,652,069,347.12
Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8% Income Income+Increament 8%
72,000,000.00 84,000,000.00 84,000,000.00 96,000,000.00 96,000,000.00 108,000,000.00 108,000,000.00 120,000,000.00 120,000,000.00
77,760,000.00 90,720,000.00 103,680,000.00 116,640,000.00 129,600,000.00
83,980,800.00 97,977,600.00 111,974,400.00 125,971,200.00 139,968,000.00
90,699,264.00 105,815,808.00 120,932,352.00 136,048,896.00 151,165,440.00
97,955,205.12 492,794,480.64 114,281,072.64 563,193,692.16 130,606,940.16 633,592,903.68 146,932,807.68 703,992,115.20 163,258,675.20
105,791,621.53 123,423,558.45 141,055,495.37 158,687,432.29 176,319,369.22
114,254,951.25 133,297,443.13 152,339,935.00 171,382,426.88 190,424,918.75
123,395,347.35 143,961,238.58 164,527,129.80 185,093,021.03 205,658,912.25
133,266,975.14 155,478,137.66 177,689,300.19 199,900,462.71 222,111,625.23
143,928,333.15 1,216,871,247.14 167,916,388.68 1,390,709,996.73 191,904,444.20 1,564,548,746.32 215,892,499.73 1,738,387,495.91 239,880,555.25
155,442,599.80 181,349,699.77 207,256,799.74 233,163,899.71 259,070,999.67
167,878,007.79 195,857,675.75 223,837,343.72 251,817,011.68 279,796,679.65
181,308,248.41 211,526,289.81 241,744,331.21 271,962,372.62 302,180,414.02
195,812,908.28 228,448,393.00 261,083,877.71 293,719,362.43 326,354,847.14
211,477,940.95 2,280,777,569.91 246,724,264.44 2,606,602,937.04 281,970,587.93 2,932,428,304.17 317,216,911.42 3,258,253,671.30 352,463,234.91
228,396,176.22 266,462,205.59 304,528,234.96 342,594,264.33 380,660,293.70
246,667,870.32 287,779,182.04 328,890,493.76 370,001,805.48 411,113,117.20
266,401,299.95 310,801,516.60 355,201,733.26 399,601,949.92 444,002,166.58
287,713,403.94 335,665,637.93 383,617,871.92 431,570,105.91 479,522,339.90
310,730,476.26 3,844,005,001.04 362,518,888.97 4,393,148,572.62 414,307,301.68 4,942,292,144.20 466,095,714.38 5,491,435,715.77 517,884,127.09
335,588,914.36 391,520,400.08 447,451,885.81 503,383,371.54 559,314,857.26
362,436,027.51 422,842,032.09 483,248,036.67 543,654,041.26 604,060,045.84
391,430,909.71 456,669,394.66 521,907,879.61 587,146,364.56 652,384,849.51
422,745,382.48 493,202,946.23 563,660,509.98 634,118,073.72 704,575,637.47
456,565,013.08 6,140,898,956.03 532,659,181.93 7,018,170,235.46 608,753,350.78 7,895,441,514.90 684,847,519.62 8,772,712,794.33 760,941,688.47
493,090,214.13 575,271,916.48 657,453,618.84 739,635,321.19 821,817,023.55
532,537,431.26 621,293,669.80 710,049,908.34 798,806,146.89 887,562,385.43
575,140,425.76 670,997,163.39 766,853,901.01 862,710,638.64 958,567,376.26
621,151,659.82 724,676,936.46 828,202,213.09 931,727,489.73 1,035,252,766.37
670,843,792.60 9,515,789,733.53 782,651,091.37 10,875,188,266.89 894,458,390.14 12,234,586,800.25 1,006,265,688.91 13,593,985,333.61 1,118,072,987.67
724,511,296.01 845,263,178.68 966,015,061.35 1,086,766,944.02 1,207,518,826.69
782,472,199.69 912,884,232.98 1,043,296,266.26 1,173,708,299.54 1,304,120,332.82
845,069,975.67 985,914,971.61 1,126,759,967.56 1,267,604,963.50 1,408,449,959.45
912,675,573.72 1,064,788,169.34 1,216,900,764.96 1,369,013,360.59 1,521,125,956.21
985,689,619.62 14,474,611,509.04 1,149,971,222.89 16,542,413,153.18 1,314,252,826.16 18,610,214,797.33 1,478,534,429.43 20,678,016,441.48 1,642,816,032.70
1,064,544,789.19 1,241,968,920.72 1,419,393,052.25 1,596,817,183.79 1,774,241,315.32
1,149,708,372.33 1,341,326,434.38 1,532,944,496.44 1,724,562,558.49 1,916,180,620.54
1,241,685,042.11 1,448,632,549.13 1,655,580,056.15 1,862,527,563.17 2,069,475,070.19
1,341,019,845.48 1,564,523,153.06 1,788,026,460.64 2,011,529,768.22 2,235,033,075.80
1,448,301,433.12 21,760,747,571.64 1,689,685,005.31 24,869,425,796.16 1,931,068,577.49 27,978,104,020.68 2,172,452,149.68 31,086,782,245.20 2,413,835,721.87