ª¬½¯ˆš¶ÿïÿïÿþÿÿûO—°8Pack*?À8 @EACT8EACT1$ÔfPhŒh„ ÄÜ4˜œôøüœ ======070401 =======Cash Flow (Investment Appraisal) ashThis calculator uses the discounted cash flow (DCF) method to perform investment appraisal by totalling cash flow for a fixed period. This calculator can perform the following four types of investment appraisal. æªNet present value (NPV) æªNet future value (NFV) æªInternal rate of return (IRR) æªPayback period (PBP)The payback period (PBP) can also be called the å—discounted payback periodå˜ (DPP). When the annual interest rate (I%) is zero, the PBP is called the å—simple payback periodå˜ (SPP). WA cash flow diagram like the one shown below helps to visualize the movement of funds. A c ÌzWith this graph, the initial investment amount is represented by CFåÐ.The cash flow one year later is shown by CFåÑ,two years later by CFåÒ, and so on. penveInvestment appraisal can be used to clearly determine whether an investment is realizing profits that were originally targeted.