Amount 6000 9000 Machine ARate 20% 20% Initial Cost 75000Nper 1 4 CF 20000FV Rs. 5,000.00 Rs. 4,340.28 Rate 11%

Nper 6Option 1 Option 2 PV Rs. 84,610.76

Decision Option 1 NPV Rs. 9,610.76Rs. 93,917.94

PV 200000Rate 10%nper 15pmt Rs. 26,294.76

Amount 1500000Rate 8.50%Nper 120EMI Rs. 18,597.85

Sl.No EMI Int Cum Int Prin

1 Rs. 18,597.85 Rs. 10,625.00 Rs. 10,625.00 Rs. 7,972.852 Rs. 18,597.85 Rs. 10,568.53 Rs. 21,193.53 Rs. 8,029.333 Rs. 18,597.85 Rs. 10,511.65 Rs. 31,705.18 Rs. 8,086.204 Rs. 18,597.85 Rs. 10,454.37 Rs. 42,159.55 Rs. 8,143.485 Rs. 18,597.85 Rs. 10,396.69 Rs. 52,556.24 Rs. 8,201.166 Rs. 18,597.85 Rs. 10,338.60 Rs. 62,894.84 Rs. 8,259.257 Rs. 18,597.85 Rs. 10,280.10 Rs. 73,174.94 Rs. 8,317.768 Rs. 18,597.85 Rs. 10,221.18 Rs. 83,396.12 Rs. 8,376.679 Rs. 18,597.85 Rs. 10,161.84 Rs. 93,557.96 Rs. 8,436.01

10 Rs. 18,597.85 Rs. 10,102.09 Rs. 103,660.05 Rs. 8,495.7611 Rs. 18,597.85 Rs. 10,041.91 Rs. 113,701.96 Rs. 8,555.9412 Rs. 18,597.85 Rs. 9,981.31 Rs. 123,683.27 Rs. 8,616.5513 Rs. 18,597.85 Rs. 9,920.27 Rs. 133,603.54 Rs. 8,677.5814 Rs. 18,597.85 Rs. 9,858.81 Rs. 143,462.34 Rs. 8,739.0515 Rs. 18,597.85 Rs. 9,796.90 Rs. 153,259.25 Rs. 8,800.9516 Rs. 18,597.85 Rs. 9,734.56 Rs. 162,993.81 Rs. 8,863.2917 Rs. 18,597.85 Rs. 9,671.78 Rs. 172,665.60 Rs. 8,926.0718 Rs. 18,597.85 Rs. 9,608.56 Rs. 182,274.15 Rs. 8,989.3019 Rs. 18,597.85 Rs. 9,544.88 Rs. 191,819.04 Rs. 9,052.9720 Rs. 18,597.85 Rs. 9,480.76 Rs. 201,299.79 Rs. 9,117.1021 Rs. 18,597.85 Rs. 9,416.18 Rs. 210,715.97 Rs. 9,181.6822 Rs. 18,597.85 Rs. 9,351.14 Rs. 220,067.11 Rs. 9,246.7123 Rs. 18,597.85 Rs. 9,285.64 Rs. 229,352.75 Rs. 9,312.2124 Rs. 18,597.85 Rs. 9,219.68 Rs. 238,572.44 Rs. 9,378.17

25 Rs. 18,597.85 Rs. 9,153.25 Rs. 247,725.69 Rs. 9,444.6026 Rs. 18,597.85 Rs. 9,086.35 Rs. 256,812.04 Rs. 9,511.5027 Rs. 18,597.85 Rs. 9,018.98 Rs. 265,831.02 Rs. 9,578.8728 Rs. 18,597.85 Rs. 8,951.13 Rs. 274,782.15 Rs. 9,646.7229 Rs. 18,597.85 Rs. 8,882.80 Rs. 283,664.95 Rs. 9,715.0530 Rs. 18,597.85 Rs. 8,813.98 Rs. 292,478.94 Rs. 9,783.8731 Rs. 18,597.85 Rs. 8,744.68 Rs. 301,223.62 Rs. 9,853.1732 Rs. 18,597.85 Rs. 8,674.89 Rs. 309,898.51 Rs. 9,922.9633 Rs. 18,597.85 Rs. 8,604.60 Rs. 318,503.11 Rs. 9,993.2534 Rs. 18,597.85 Rs. 8,533.82 Rs. 327,036.92 Rs. 10,064.0435 Rs. 18,597.85 Rs. 8,462.53 Rs. 335,499.45 Rs. 10,135.3236 Rs. 18,597.85 Rs. 8,390.74 Rs. 343,890.19 Rs. 10,207.1237 Rs. 18,597.85 Rs. 8,318.44 Rs. 352,208.63 Rs. 10,279.4238 Rs. 18,597.85 Rs. 8,245.62 Rs. 360,454.25 Rs. 10,352.2339 Rs. 18,597.85 Rs. 8,172.30 Rs. 368,626.54 Rs. 10,425.5640 Rs. 18,597.85 Rs. 8,098.45 Rs. 376,724.99 Rs. 10,499.4141 Rs. 18,597.85 Rs. 8,024.08 Rs. 384,749.07 Rs. 10,573.7842 Rs. 18,597.85 Rs. 7,949.18 Rs. 392,698.25 Rs. 10,648.6743 Rs. 18,597.85 Rs. 7,873.75 Rs. 400,572.00 Rs. 10,724.1044 Rs. 18,597.85 Rs. 7,797.79 Rs. 408,369.79 Rs. 10,800.0645 Rs. 18,597.85 Rs. 7,721.29 Rs. 416,091.08 Rs. 10,876.5646 Rs. 18,597.85 Rs. 7,644.25 Rs. 423,735.32 Rs. 10,953.6147 Rs. 18,597.85 Rs. 7,566.66 Rs. 431,301.98 Rs. 11,031.2048 Rs. 18,597.85 Rs. 7,488.52 Rs. 438,790.50 Rs. 11,109.3349 Rs. 18,597.85 Rs. 7,409.83 Rs. 446,200.33 Rs. 11,188.0250 Rs. 18,597.85 Rs. 7,330.58 Rs. 453,530.91 Rs. 11,267.2751 Rs. 18,597.85 Rs. 7,250.77 Rs. 460,781.68 Rs. 11,347.0852 Rs. 18,597.85 Rs. 7,170.40 Rs. 467,952.08 Rs. 11,427.4653 Rs. 18,597.85 Rs. 7,089.45 Rs. 475,041.53 Rs. 11,508.4054 Rs. 18,597.85 Rs. 7,007.93 Rs. 482,049.46 Rs. 11,589.9255 Rs. 18,597.85 Rs. 6,925.84 Rs. 488,975.30 Rs. 11,672.0256 Rs. 18,597.85 Rs. 6,843.16 Rs. 495,818.46 Rs. 11,754.6957 Rs. 18,597.85 Rs. 6,759.90 Rs. 502,578.36 Rs. 11,837.9558 Rs. 18,597.85 Rs. 6,676.05 Rs. 509,254.41 Rs. 11,921.8159 Rs. 18,597.85 Rs. 6,591.60 Rs. 515,846.01 Rs. 12,006.2560 Rs. 18,597.85 Rs. 6,506.56 Rs. 522,352.57 Rs. 12,091.3061 Rs. 18,597.85 Rs. 6,420.91 Rs. 528,773.47 Rs. 12,176.9462 Rs. 18,597.85 Rs. 6,334.66 Rs. 535,108.13 Rs. 12,263.2063 Rs. 18,597.85 Rs. 6,247.79 Rs. 541,355.92 Rs. 12,350.0664 Rs. 18,597.85 Rs. 6,160.31 Rs. 547,516.24 Rs. 12,437.5465 Rs. 18,597.85 Rs. 6,072.21 Rs. 553,588.45 Rs. 12,525.6466 Rs. 18,597.85 Rs. 5,983.49 Rs. 559,571.94 Rs. 12,614.3667 Rs. 18,597.85 Rs. 5,894.14 Rs. 565,466.08 Rs. 12,703.7268 Rs. 18,597.85 Rs. 5,804.15 Rs. 571,270.23 Rs. 12,793.7069 Rs. 18,597.85 Rs. 5,713.53 Rs. 576,983.76 Rs. 12,884.32

70 Rs. 18,597.85 Rs. 5,622.27 Rs. 582,606.03 Rs. 12,975.5971 Rs. 18,597.85 Rs. 5,530.36 Rs. 588,136.39 Rs. 13,067.5072 Rs. 18,597.85 Rs. 5,437.80 Rs. 593,574.18 Rs. 13,160.0673 Rs. 18,597.85 Rs. 5,344.58 Rs. 598,918.76 Rs. 13,253.2774 Rs. 18,597.85 Rs. 5,250.70 Rs. 604,169.46 Rs. 13,347.1575 Rs. 18,597.85 Rs. 5,156.16 Rs. 609,325.62 Rs. 13,441.6976 Rs. 18,597.85 Rs. 5,060.95 Rs. 614,386.57 Rs. 13,536.9177 Rs. 18,597.85 Rs. 4,965.06 Rs. 619,351.63 Rs. 13,632.7978 Rs. 18,597.85 Rs. 4,868.49 Rs. 624,220.12 Rs. 13,729.3679 Rs. 18,597.85 Rs. 4,771.25 Rs. 628,991.37 Rs. 13,826.6180 Rs. 18,597.85 Rs. 4,673.31 Rs. 633,664.68 Rs. 13,924.5581 Rs. 18,597.85 Rs. 4,574.67 Rs. 638,239.35 Rs. 14,023.1882 Rs. 18,597.85 Rs. 4,475.34 Rs. 642,714.69 Rs. 14,122.5183 Rs. 18,597.85 Rs. 4,375.31 Rs. 647,090.00 Rs. 14,222.5484 Rs. 18,597.85 Rs. 4,274.57 Rs. 651,364.57 Rs. 14,323.2985 Rs. 18,597.85 Rs. 4,173.11 Rs. 655,537.68 Rs. 14,424.7486 Rs. 18,597.85 Rs. 4,070.93 Rs. 659,608.61 Rs. 14,526.9287 Rs. 18,597.85 Rs. 3,968.04 Rs. 663,576.65 Rs. 14,629.8288 Rs. 18,597.85 Rs. 3,864.41 Rs. 667,441.06 Rs. 14,733.4589 Rs. 18,597.85 Rs. 3,760.05 Rs. 671,201.10 Rs. 14,837.8190 Rs. 18,597.85 Rs. 3,654.94 Rs. 674,856.05 Rs. 14,942.9191 Rs. 18,597.85 Rs. 3,549.10 Rs. 678,405.14 Rs. 15,048.7592 Rs. 18,597.85 Rs. 3,442.50 Rs. 681,847.65 Rs. 15,155.3593 Rs. 18,597.85 Rs. 3,335.15 Rs. 685,182.80 Rs. 15,262.7094 Rs. 18,597.85 Rs. 3,227.04 Rs. 688,409.84 Rs. 15,370.8195 Rs. 18,597.85 Rs. 3,118.17 Rs. 691,528.01 Rs. 15,479.6996 Rs. 18,597.85 Rs. 3,008.52 Rs. 694,536.53 Rs. 15,589.3497 Rs. 18,597.85 Rs. 2,898.09 Rs. 697,434.62 Rs. 15,699.7698 Rs. 18,597.85 Rs. 2,786.89 Rs. 700,221.51 Rs. 15,810.9799 Rs. 18,597.85 Rs. 2,674.89 Rs. 702,896.40 Rs. 15,922.96

100 Rs. 18,597.85 Rs. 2,562.10 Rs. 705,458.50 Rs. 16,035.75101 Rs. 18,597.85 Rs. 2,448.52 Rs. 707,907.02 Rs. 16,149.34102 Rs. 18,597.85 Rs. 2,334.13 Rs. 710,241.15 Rs. 16,263.73103 Rs. 18,597.85 Rs. 2,218.93 Rs. 712,460.08 Rs. 16,378.93104 Rs. 18,597.85 Rs. 2,102.91 Rs. 714,562.98 Rs. 16,494.94105 Rs. 18,597.85 Rs. 1,986.07 Rs. 716,549.05 Rs. 16,611.78106 Rs. 18,597.85 Rs. 1,868.40 Rs. 718,417.46 Rs. 16,729.45107 Rs. 18,597.85 Rs. 1,749.90 Rs. 720,167.36 Rs. 16,847.95108 Rs. 18,597.85 Rs. 1,630.56 Rs. 721,797.92 Rs. 16,967.29109 Rs. 18,597.85 Rs. 1,510.38 Rs. 723,308.30 Rs. 17,087.48110 Rs. 18,597.85 Rs. 1,389.34 Rs. 724,697.64 Rs. 17,208.51111 Rs. 18,597.85 Rs. 1,267.45 Rs. 725,965.09 Rs. 17,330.41112 Rs. 18,597.85 Rs. 1,144.69 Rs. 727,109.78 Rs. 17,453.16113 Rs. 18,597.85 Rs. 1,021.06 Rs. 728,130.84 Rs. 17,576.79114 Rs. 18,597.85 Rs. 896.56 Rs. 729,027.40 Rs. 17,701.29

115 Rs. 18,597.85 Rs. 771.18 Rs. 729,798.58 Rs. 17,826.68116 Rs. 18,597.85 Rs. 644.91 Rs. 730,443.49 Rs. 17,952.95117 Rs. 18,597.85 Rs. 517.74 Rs. 730,961.22 Rs. 18,080.11118 Rs. 18,597.85 Rs. 389.67 Rs. 731,350.90 Rs. 18,208.18119 Rs. 18,597.85 Rs. 260.70 Rs. 731,611.59 Rs. 18,337.16120 Rs. 18,597.85 Rs. 130.81 Rs. 731,742.40 Rs. 18,467.05

Machine B Machine A Machine B50000 0 -75000 -5000014000 1 20000 14000

11% 2 20000 140006 3 20000 14000

Rs. 59,227.53 4 20000 14000Rs. 9,227.53 5 20000 14000

6 20000 14000NPV Rs. 8,658.34 Rs. 8,313.09Decision Machine A

Cum Prin Princ Bal1500000

Rs. 7,972.85 Rs. 1,492,027.15Rs. 16,002.18 Rs. 1,483,997.82Rs. 24,088.38 Rs. 1,475,911.62Rs. 32,231.86 Rs. 1,467,768.14Rs. 40,433.02 Rs. 1,459,566.98Rs. 48,692.28 Rs. 1,451,307.72Rs. 57,010.04 Rs. 1,442,989.96Rs. 65,386.71 Rs. 1,434,613.29Rs. 73,822.72 Rs. 1,426,177.28Rs. 82,318.48 Rs. 1,417,681.52Rs. 90,874.43 Rs. 1,409,125.57Rs. 99,490.97 Rs. 1,400,509.03

Rs. 108,168.55 Rs. 1,391,831.45Rs. 116,907.60 Rs. 1,383,092.40Rs. 125,708.55 Rs. 1,374,291.45Rs. 134,571.84 Rs. 1,365,428.16Rs. 143,497.91 Rs. 1,356,502.09Rs. 152,487.21 Rs. 1,347,512.79Rs. 161,540.18 Rs. 1,338,459.82Rs. 170,657.27 Rs. 1,329,342.73Rs. 179,838.95 Rs. 1,320,161.05Rs. 189,085.66 Rs. 1,310,914.34Rs. 198,397.87 Rs. 1,301,602.13Rs. 207,776.04 Rs. 1,292,223.96

Rs. 217,220.64 Rs. 1,282,779.36Rs. 226,732.14 Rs. 1,273,267.86Rs. 236,311.02 Rs. 1,263,688.98Rs. 245,957.74 Rs. 1,254,042.26Rs. 255,672.79 Rs. 1,244,327.21Rs. 265,456.66 Rs. 1,234,543.34Rs. 275,309.83 Rs. 1,224,690.17Rs. 285,232.80 Rs. 1,214,767.20Rs. 295,226.05 Rs. 1,204,773.95Rs. 305,290.09 Rs. 1,194,709.91Rs. 315,425.41 Rs. 1,184,574.59Rs. 325,632.53 Rs. 1,174,367.47Rs. 335,911.95 Rs. 1,164,088.05Rs. 346,264.18 Rs. 1,153,735.82Rs. 356,689.73 Rs. 1,143,310.27Rs. 367,189.14 Rs. 1,132,810.86Rs. 377,762.92 Rs. 1,122,237.08Rs. 388,411.59 Rs. 1,111,588.41Rs. 399,135.69 Rs. 1,100,864.31Rs. 409,935.76 Rs. 1,090,064.24Rs. 420,812.32 Rs. 1,079,187.68Rs. 431,765.93 Rs. 1,068,234.07Rs. 442,797.13 Rs. 1,057,202.87Rs. 453,906.46 Rs. 1,046,093.54Rs. 465,094.48 Rs. 1,034,905.52Rs. 476,361.75 Rs. 1,023,638.25Rs. 487,708.84 Rs. 1,012,291.16Rs. 499,136.29 Rs. 1,000,863.71Rs. 510,644.70 Rs. 989,355.30Rs. 522,234.62 Rs. 977,765.38Rs. 533,906.63 Rs. 966,093.37Rs. 545,661.32 Rs. 954,338.68Rs. 557,499.28 Rs. 942,500.72Rs. 569,421.08 Rs. 930,578.92Rs. 581,427.34 Rs. 918,572.66Rs. 593,518.63 Rs. 906,481.37Rs. 605,695.58 Rs. 894,304.42Rs. 617,958.78 Rs. 882,041.22Rs. 630,308.84 Rs. 869,691.16Rs. 642,746.38 Rs. 857,253.62Rs. 655,272.02 Rs. 844,727.98Rs. 667,886.38 Rs. 832,113.62Rs. 680,590.10 Rs. 819,409.90Rs. 693,383.80 Rs. 806,616.20Rs. 706,268.12 Rs. 793,731.88

Rs. 719,243.70 Rs. 780,756.30Rs. 732,311.20 Rs. 767,688.80Rs. 745,471.26 Rs. 754,528.74Rs. 758,724.53 Rs. 741,275.47Rs. 772,071.68 Rs. 727,928.32Rs. 785,513.38 Rs. 714,486.62Rs. 799,050.29 Rs. 700,949.71Rs. 812,683.08 Rs. 687,316.92Rs. 826,412.44 Rs. 673,587.56Rs. 840,239.04 Rs. 659,760.96Rs. 854,163.59 Rs. 645,836.41Rs. 868,186.77 Rs. 631,813.23Rs. 882,309.28 Rs. 617,690.72Rs. 896,531.82 Rs. 603,468.18Rs. 910,855.11 Rs. 589,144.89Rs. 925,279.85 Rs. 574,720.15Rs. 939,806.77 Rs. 560,193.23Rs. 954,436.59 Rs. 545,563.41Rs. 969,170.04 Rs. 530,829.96Rs. 984,007.85 Rs. 515,992.15Rs. 998,950.75 Rs. 501,049.25

Rs. 1,013,999.51 Rs. 486,000.49Rs. 1,029,154.86 Rs. 470,845.14Rs. 1,044,417.56 Rs. 455,582.44Rs. 1,059,788.37 Rs. 440,211.63Rs. 1,075,268.06 Rs. 424,731.94Rs. 1,090,857.39 Rs. 409,142.61Rs. 1,106,557.15 Rs. 393,442.85Rs. 1,122,368.12 Rs. 377,631.88Rs. 1,138,291.08 Rs. 361,708.92Rs. 1,154,326.83 Rs. 345,673.17Rs. 1,170,476.16 Rs. 329,523.84Rs. 1,186,739.89 Rs. 313,260.11Rs. 1,203,118.82 Rs. 296,881.18Rs. 1,219,613.76 Rs. 280,386.24Rs. 1,236,225.55 Rs. 263,774.45Rs. 1,252,955.00 Rs. 247,045.00Rs. 1,269,802.95 Rs. 230,197.05Rs. 1,286,770.24 Rs. 213,229.76Rs. 1,303,857.72 Rs. 196,142.28Rs. 1,321,066.23 Rs. 178,933.77Rs. 1,338,396.63 Rs. 161,603.37Rs. 1,355,849.80 Rs. 144,150.20Rs. 1,373,426.59 Rs. 126,573.41Rs. 1,391,127.88 Rs. 108,872.12

Rs. 1,408,954.55 Rs. 91,045.45Rs. 1,426,907.50 Rs. 73,092.50Rs. 1,444,987.62 Rs. 55,012.38Rs. 1,463,195.80 Rs. 36,804.20Rs. 1,481,532.95 Rs. 18,467.05Rs. 1,500,000.00 Rs. 0.00

Rate 15%0 900001 900002 900003 900004 90000

PV Rs. 301,693.96