Investment Appraisal Calculator | NPV · IRR · Payback · ARR

📝 Step 1 — Project Details

Project / Investment Name

Company / Appraiser

Initial Investment ($) — Year 0 Full purchase cost — do not include depreciation

Working Capital Required ($) Released in final year — enter 0 if none

Residual / Scrap Value ($) Cash received at end of project life

Discount Rate / Cost of Capital (%)

Second Discount Rate for IRR (%) Choose a rate that gives a negative NPV

Target Payback Period (years) Accept if payback ≤ this target

Target ARR (%) Accept if ARR ≥ this hurdle rate

Currency Symbol

💰 Step 2 — Annual Net Cash Inflows

Enter the net cash inflow for each year of the project. Do not include depreciation — it is a non-cash item. Working capital and residual value are handled automatically from Step 1.

⚙️ Step 3 — Select Methods to Calculate

Payback Period Accounting Rate of Return (ARR) Net Present Value (NPV) Internal Rate of Return (IRR)

📊 Cash Flow and NPV Chart

⚖️ Method Comparison and Recommendation

🎯 Investment Appraisal Quiz

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