Recursos (Milhoes)

20
30
10
15
25
Total
Taxa (Percentual)
12%
8%
14%
10%
15%
11.45%
 TMA 20%

Alternativas Investimentos TIR % aa

A R$ 20,000.00 38%
B R$ 40,000.00 35%
C R$ 50,000.00 30%
D R$ 10,000.00 26%
E R$ 30,000.00 25%
Primeira opção (Alternativa C e E)Segunda opção (Alternativa A, C e DTerceira opção (Alternativa B, D e E)
28.13% 31.50% 30.13%
Quarta opção (Alternativa A, B , D e TMA)
32.75%
 Meses
Ativ Custo (US$)
1 2 3 4 5
A R$ 80,000.00 R$ 11,432.00 R$ 18,288.00 R$ 20,560.00 R$ 18,288.00 R$ 11,432.00
B R$ 30,000.00 R$ 3,213.00 R$ 5,358.00 R$ 6,429.00 R$ 6,429.00
C R$ 20,000.00 R$ 6,000.00 R$ 8,000.00
D R$ 70,000.00
E R$ 50,000.00
Total R$ 11,432.00 R$ 21,501.00 R$ 25,918.00 R$ 30,717.00 R$ 25,861.00

1
2
3
4
5
6
eses
6 7 8 9

R$ 5,358.00 R$ 3,213.00
R$ 6,000.00
R$ 21,000.00 R$ 28,000.00 R$ 21,000.00
R$ 15,000.00 R$ 20,000.00 R$ 15,000.00
R$ 32,358.00 R$ 46,213.00 R$ 41,000.00 R$ 15,000.00

100.00%
50.00% 50.00%
30.00% 40.00% 30.00%
20.00% 30.00% 30.00% 20.00%
14.29% 22.86% 25.70% 22.86% 14.29%
10.71% 17.86% 21.43% 21.43% 17.86% 10.71%
 Depreciação Maquina Antiga 10% Hipoteses Venda
Ano Percentual Letra A R$ 100,000.00
0 R$ 200,000.00 Letra B R$ 120,000.00
1 R$ 180,000.00 Letra C R$ 80,000.00
2 R$ 160,000.00
3 R$ 140,000.00
4 R$ 120,000.00
5 R$ 100,000.00
6 R$ 80,000.00
7 R$ 60,000.00
8 R$ 40,000.00
9 R$ 20,000.00
10 R$ -

Valor Nova Maquina R$ 600,000.00

Valor de venda maquina antiga R$ 100,000.00
Imposto de renda 30%
Lucro/Prejuizo I.R. (30%) Inv.Liqui
0 0 R$ 500,000.00
R$ 20,000.00 R$ 6,000.00 R$ 486,000.00 Lucro
-R$ 20,000.00 R$ 6,000.00 R$ 514,000.00 Prejuizo
 Depreciação Maquina Antiga 10% Hipoteses Venda Lucro/Prejuizo
Ano Percentual Letra A R$ 40,000.00 R$ 11,200.00
0 R$ 36,000.00 Letra B R$ 28,800.00 R$ -
1 R$ 32,400.00 Letra C R$ 12,000.00 -R$ 16,800.00
2 R$ 28,800.00
3 R$ 25,200.00
4 R$ 21,600.00
5 R$ 18,000.00
6 R$ 14,400.00
7 R$ 10,800.00
8 R$ 7,200.00
9 R$ 3,600.00
10 R$ -

Valor Nova Maquina R$ 58,000.00

Valor de venda maquina antiga R$ 40,000.00
Imposto de renda 45%
 I.R. (30%) Inv.Liqui
R$ 5,040.00 R$ 23,040.00 Lucro
R$ - R$ 29,200.00
R$ 7,560.00 R$ 38,440.00 Prejuizo