Year

Cost

Benefit

Net benefit

NPV at r =:

15%

23%

31%

33.7%

1

133,350,434.00

29,357,768.00

−103,992,666.00

−90,428,405.22

−84,546,882.93

−79,383,714.50

−77,801,493.45

2

77,187,118.00

112,630,568.00

−10,795,650.00

−8,163,062.38

−7,135,732.69

−6,290,804.73

−6,042,535.89

3

74,456,271.00

128,630,568.00

54,174,297.00

35,620,479.66

29,112,396.00

24,097,911.07

22,685,530.98

4

16,960,000.00

128,630,568.00

111,670,560.00

63,848,005.12

48,788,587.88

37,918,706.27

34,984,814.86

5

16,960,000.00

128,630,568.00

111,670,568.00

55,520,008.43

39,665,521.45

28,945,579.38

26,173,682.66

Total

318,913,823.00

527,880,040.00

162,727,109.00

56,397,025.60

25,883,889.70

5,287,677.48

-0.80