Discount Rate Factor NPV
Discount Rate Factor NPV
Discount Rate Factor NPV
Table III Present Value Annuity Factors: Present Value of £1 received annually for n
years ⎛ 1 − (1 + r )− n ⎞
⎜ ⎟
⎜ r ⎟
⎝ ⎠
Discounted Rates (r)%
Years
(n) 1% 2% 4% 6% 10% 12% 15% 16% 18% 20% 22% 25% 26% 28% 30%
1 0.990 0.980 0.962 0.943 0.909 0.893 0.870 0.862 0.847 0.833 0.820 0.800 0.794 0.781 0.769
2 1.970 1.942 1.886 1.833 1.736 1.690 1.626 1.605 1.566 1.528 1.492 1.440 1.424 1.392 1.361
3 2.941 2.884 2.775 2.673 2.487 2.402 2.283 2.246 2.174 2.106 2.042 1.952 1.923 1.868 1.816
4 3.902 3.808 3.630 3.465 3.170 3.037 2.855 2.798 2.690 2.589 2.494 2.362 2.320 2.241 2.166
5 4.853 4.713 4.452 4.212 3.791 3.605 3.352 3.274 3.127 2.991 2.864 2.689 2.635 2.532 2.436
6 5.795 5.601 5.242 4.917 4.355 4.111 3.784 3.685 3.498 3.326 3.167 2.951 2.885 2.759 2.643
7 6.728 6.472 6.002 5.582 4.868 4.564 4.160 4.039 3.812 3.605 3.416 3.161 3.083 2.937 2.802
8 7.652 7.325 6.733 6.210 5.335 4.968 4.487 4.344 4.078 3.837 3.619 3.329 3.241 3.076 2.925
9 8.566 8.162 7.435 6.802 5.759 5.328 4.772 4.607 4.303 4.031 3.786 3.463 3.366 3.184 3.019
10 9.471 8.983 8.111 7.360 6.145 5.650 5.019 4.833 4.494 4.192 3.923 3.571 3.465 3.269 3.092
11 10.368 9.787 8.760 7.887 6.495 5.938 5.234 5.029 4.656 4.327 4.035 3.656 3.543 3.335 3.147
12 11.255 10.575 9.385 8.384 6.814 6.194 5.421 5.197 4.793 4.439 4.127 3.725 3.606 3.387 3.190
13 12.134 11.348 9.986 8.853 7.103 6.424 5.583 5.342 4.910 4.533 4.203 3.780 3.656 3.427 3.223
14 13.004 12.106 10.563 9.295 7.367 6.628 5.724 5.468 5.008 4.611 4.265 3.824 3.695 3.459 3.249
15 13.865 12.849 11.118 9.712 7.606 6.811 5.847 5.575 5.092 4.675 4.315 3.859 3.726 3.483 3.268
16 14.718 13.578 11.652 10.106 7.824 6.974 5.954 5.668 5.162 4.730 4.357 3.887 3.751 3.503 3.283
17 15.562 14.292 12.166 10.477 8.022 7.120 6.047 5.749 5.222 4.775 4.391 3.910 3.771 3.518 3.295
18 16.398 14.992 12.659 10.828 8.201 7.250 6.128 5.818 5.273 4.812 4.419 3.928 3.786 3.529 3.304
19 17.226 15.678 13.134 11.158 8.365 7.366 6.198 5.877 5.316 4.843 4.442 3.942 3.799 3.539 3.311
20 18.046 16.351 13.590 11.470 8.514 7.469 6.259 5.929 5.353 4.870 4.460 3.954 3.808 3.546 3.316
21 18.857 17.011 14.029 11.764 8.649 7.562 6.312 5.973 5.384 4.891 4.476 3.963 3.816 3.551 3.320
22 19.660 17.658 14.451 12.042 8.772 7.645 6.359 6.011 5.410 4.909 4.488 3.970 3.822 3.556 3.323
23 20.456 18.292 14.857 12.303 8.883 7.718 6.399 6.044 5.432 4.925 4.499 3.976 3.827 3.559 3.325
24 21.243 18.914 15.247 12.550 8.985 7.784 6.434 6.073 5.451 4.937 4.507 3.981 3.831 3.562 3.327
25 22.023 19.523 15.622 12.783 9.077 7.843 6.464 6.097 5.467 4.948 4.514 3.985 3.834 3.564 3.329