| Shift-IT | ||||||
| Cost Benefit Analysis | ||||||
| MYOB Installation | ||||||
| Year of Project | ||||||
| Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |
| Net economic benefit | 50000 | 50000 | 50000 | 50000 | 50000 | 50000 |
| Discount rate (10%) | 10 | 10 | 10 | 10 | 10 | 10 |
| PV of benefits | $50,000.00 | $45,454.55 | $41,322.31 | $37,565.74 | $34,150.67 | $31,046.07 |
| NPV of all BENEFITS | $45,454.55 | $41,322.31 | $37,565.74 | $34,150.67 | $31,046.07 | $28,223.70 |
| One-time COSTS | 42500 | |||||
| Recurring Costs | 8500 | 8500 | 8500 | 8500 | 8500 | 8500 |
| Discount rate (10%) | 10 | 10 | 10 | 10 | 10 | 10 |
| PV of Recurring Costs | $8,500.00 | $7,727.27 | $7,024.79 | $6,386.18 | $5,805.61 | $5,277.83 |
| NPV of all COSTS | $46,363.64 | $7,024.79 | $6,386.18 | $5,805.61 | $5,277.83 | $4,798.03 |
| Overall NPV | ($909.09) | $34,297.52 | $31,179.56 | $28,345.06 | $25,768.23 | $23,425.67 |
| Overall ROI - (Overall NPV/NPV of all COSTS) | -0.01960784 | 4.88235294 | 4.88235294 | 4.882352941 | 4.88235294 | 4.88235294 |
| Payback Period - | ||||||
| Investment | 42500 | 1.02409639 | ||||
| Benefits Per Year | 41500 |