0 1 2 3

-500 200 250 400 -500 500 CHS G Cfo

TIR 27.947% 200 200 G CFj
250 250 G CFj
VPL R$ 188.96 R$ 125.96 R$ 71.76 R$ 24.80 -R$ 0.02 400 400 G CFJ
CMPC 10% 15% 20% 25% 27.950% F IRR
TIR 27.95%

0 1 2
-300 200 250
30.52%
 0 1 2 3
-200 0 0 270
TIR 10.5209%
K 10.521% 1.35
11.67
VPL -
VPL R$ 0.00
R$ 0.24
 0 1 2 3
-6020 0 0 7000
5.1559%

M 7000
C 6020
t

1.162791
1.051559
0.051559
5.15595
 0 1 2 3
-150 0 0 250
18.5631%

M 250
C 150
t 3

1.666667
1.185631
0.185631
18.56311
 0 1 2 3 4 5 6
-20000 200 200 200 200 200 200
- 22,325.36 221.22 219.20 217.20 215.22 213.25 211.31
0.9208%

0 1
-20000 22200
11%

1.11
1.11
0.11
11
 7 8 9 10 11 12
200 200 200 200 200 20000
209.38 207.47 205.58 203.70 201.84 20,000.00
Ano Projeto A Projeto B
0 - 15,000 - 120,000
1 5,000 35,000
2 5,000 35,000
3 - 2,000 35,000
4 5,000 35,000
5 5,000 - 35,000
Fluxos Acumulados
Ano Projeto A Projeto B
0 -15000 -120000
1 -10000 -85000
2 -5000 -50000
3 -7000 -15000
4 -2000 20000
5 3000 -15000

Puro Misto
TIR 6% -8%
VPL 0% 0%
TIJ
TER
Projeto B
-120000 -120000 -120000
35000 -103000 -84999.85
35000 -83450 -49999.85
35000 -60967.5 -14999.85
35000 -35112.63 20000.15
-35000 -75379.52 -14999.85

K 12%
TIJ 15%
 Fluxo
descontado Fluxo Desconto
0- 500.00 -500 - 500.00 - 500.00
1 1,440.00 1800 1,153.58 1,153.58
2- 1,408.00 -2200 - 758.02 - 758.02
3 501.76 980 0.00 0.00
33.76
k 25%
TIJ 29.28%
0 1 2 3
-500 1451.61 -1430.8 514
CMPC 24% 25% 28% 29% 30%
VPL R$ 9.70 R$ 8.74 R$ 5.87 R$ 4.91 R$ 3.95
 Futuro Presente Custo Captação 25%
Ano Fluxo Valor Positivo Valor Negativo Aplicação 18%
0 -400 -400
1 120 532.25
2 120 451.06
3 120 382.26
4 120 323.95
5 -80 -26.2144
6 120 232.65
7 120 197.16
8 120 167.09
9 120 141.60
10 160 160.00
2,588.03 - 426.21
TIR=TIJ 22%
VPL 0.00 TER 19.77%

-400
-280
-160
-40
80
0
120
240
360
480
640
640