PP Presentation

We can calculate PDV as follows:

PDV = (B0-C0)/(1+d)^0 + (B1-C1) /(1+d)^1 + … + (Bn-Cn)/(1+d)^n

where:

C = cost in a given time period,

B = benefit in a given time period,

d = discount rate,

n = the "life" of the project in years.

B0 = B in time period 0;

(1+d)^n means that the value(1+d) is taken to the nth power.

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