Đầu tư quốc tế - Chương V: Phân tích tài chính dự án đầu tư

h phủ về việc sửa đổi và bổ sung một số điều trong quy chế quản lý đầu tư và xây dựng ban hành theo Nghị định 52 CP 14. Nghị định 07/2003/NĐ-CP ngày 30/01/2003 của chính phủ về sửa đổi bổ sung một số điều của Quy chế quản lý đầu tư và xây dựng ban hành kèm theo Nghị định 52/1999/NĐ-CP ngày 08/07/1999 và Nghị định số 12/2000/NĐ-CP ngày 04/05/2000 của chính phủ. 15. Nghi định 108/2006/NĐ-CP ngày 22/09/2006 về hướng dẫn thực hiện Luật đầu tư. 16. Thông tư số 05/2007/TT-BXD ngày 25/07/2007 về hướng dẫn lập và quản lý chi phí đầu tư xây dựng công trình. 112 Bảng tính hệ số: 1/(1+r)n Năm 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 1 0.99010 0.98039 0.97087 0.96154 0.95238 0.94340 0.93458 0.92593 0.91743 0.90909 2 0.98030 0.96117 0.94260 0.92456 0.90703 0.89000 0.87344 0.85734 0.84168 0.82645 3 0.97059 0.94232 0.91514 0.88900 0.86384 0.83962 0.81630 0.79383 0.77218 0.75131 4 0.96098 0.92385 0.88849 0.85480 0.82270 0.79209 0.76290 0.73503 0.70843 0.68301 5 0.95147 0.90573 0.86261 0.82193 0.78353 0.74726 0.71299 0.68058 0.64993 0.62092 6 0.94205 0.88797 0.83748 0.79031 0.74622 0.70496 0.66634 0.63017 0.59627 0.56447 7 0.93272 0.87056 0.81309 0.75992 0.71068 0.66506 0.62275 0.58349 0.54703 0.51316 8 0.92348 0.85349 0.78941 0.73069 0.67684 0.62741 0.58201 0.54027 0.50187 0.46651 9 0.91434 0.83676 0.76642 0.70259 0.64461 0.59190 0.54393 0.50025 0.46043 0.42410 10 0.90529 0.82035 0.74409 0.67556 0.61391 0.55839 0.50835 0.46319 0.42241 0.38554 11 0.89632 0.80426 0.72242 0.64958 0.58468 0.52679 0.47509 0.42888 0.38753 0.35049 12 0.88745 0.78849 0.70138 0.62460 0.55684 0.49697 0.44401 0.39711 0.35553 0.31863 13 0.87866 0.77303 0.68095 0.60057 0.53032 0.46884 0.41496 0.36770 0.32618 0.28966 14 0.86996 0.75788 0.66112 0.57748 0.50507 0.44230 0.38782 0.34046 0.29925 0.26333 15 0.86135 0.74301 0.64186 0.55526 0.48102 0.41727 0.36245 0.31524 0.27454 0.23939 16 0.85282 0.72845 0.62317 0.53391 0.45811 0.39365 0.33873 0.29189 0.25187 0.21763 17 0.84438 0.71416 0.60502 0.51337 0.43630 0.37136 0.31657 0.27027 0.23107 0.19784 18 0.83602 0.70016 0.58739 0.49363 0.41552 0.35034 0.29586 0.25025 0.21199 0.17986 19 0.82774 0.68643 0.57029 0.47464 0.39573 0.33051 0.27651 0.23171 0.19449 0.16351 20 0.81954 0.67297 0.55368 0.45639 0.37689 0.31180 0.25842 0.21455 0.17843 0.14864 21 0.81143 0.65978 0.53755 0.43883 0.35894 0.29416 0.24151 0.19866 0.16370 0.13513 22 0.80340 0.64684 0.52189 0.42196 0.34185 0.27751 0.22571 0.18394 0.15018 0.12285 23 0.79544 0.63416 0.50669 0.40573 0.32557 0.26180 0.21095 0.17032 0.13778 0.11168 24 0.78757 0.62172 0.49193 0.39012 0.31007 0.24698 0.19715 0.15770 0.12640 0.10153 25 0.77977 0.60953 0.47761 0.37512 0.29530 0.23300 0.18425 0.14602 0.11597 0.09230 26 0.77205 0.59758 0.46369 0.36069 0.28124 0.21981 0.17220 0.13520 0.10639 0.08391 27 0.76440 0.58586 0.45019 0.34682 0.26785 0.20737 0.16093 0.12519 0.09761 0.07628 28 0.75684 0.57437 0.43708 0.33348 0.25509 0.19563 0.15040 0.11591 0.08955 0.06934 29 0.74934 0.56311 0.42435 0.32065 0.24295 0.18456 0.14056 0.10733 0.08215 0.06304 30 0.74192 0.55207 0.41199 0.30832 0.23138 0.17411 0.13137 0.09938 0.07537 0.05731 31 0.73458 0.54125 0.39999 0.29646 0.22036 0.16425 0.12277 0.09202 0.06915 0.05210 32 0.72730 0.53063 0.38834 0.28506 0.20987 0.15496 0.11474 0.08520 0.06344 0.04736 33 0.72010 0.52023 0.37703 0.27409 0.19987 0.14619 0.10723 0.07889 0.05820 0.04306 34 0.71297 0.51003 0.36604 0.26355 0.19035 0.13791 0.10022 0.07305 0.05339 0.03914 35 0.70591 0.50003 0.35538 0.25342 0.18129 0.13011 0.09366 0.06763 0.04899 0.03558 36 0.69892 0.49022 0.34503 0.24367 0.17266 0.12274 0.08754 0.06262 0.04494 0.03235 37 0.69200 0.48061 0.33498 0.23430 0.16444 0.11579 0.08181 0.05799 0.04123 0.02941 38 0.68515 0.47119 0.32523 0.22529 0.15661 0.10924 0.07646 0.05369 0.03783 0.02673 39 0.67837 0.46195 0.31575 0.21662 0.14915 0.10306 0.07146 0.04971 0.03470 0.02430 40 0.67165 0.45289 0.30656 0.20829 0.14205 0.09722 0.06678 0.04603 0.03184 0.02209 41 0.66500 0.44401 0.29763 0.20028 0.13528 0.09172 0.06241 0.04262 0.02921 0.02009 42 0.65842 0.43530 0.28896 0.19257 0.12884 0.08653 0.05833 0.03946 0.02680 0.01826 43 0.65190 0.42677 0.28054 0.18517 0.12270 0.08163 0.05451 0.03654 0.02458 0.01660 44 0.64545 0.41840 0.27237 0.17805 0.11686 0.07701 0.05095 0.03383 0.02255 0.01509 45 0.63905 0.41020 0.26444 0.17120 0.11130 0.07265 0.04761 0.03133 0.02069 0.01372 46 0.63273 0.40215 0.25674 0.16461 0.10600 0.06854 0.04450 0.02901 0.01898 0.01247 47 0.62646 0.39427 0.24926 0.15828 0.10095 0.06466 0.04159 0.02686 0.01742 0.01134 48 0.62026 0.38654 0.24200 0.15219 0.09614 0.06100 0.03887 0.02487 0.01598 0.01031 49 0.61412 0.37896 0.23495 0.14634 0.09156 0.05755 0.03632 0.02303 0.01466 0.00937 50 0.60804 0.37153 0.22811 0.14071 0.08720 0.05429 0.03395 0.02132 0.01345 0.00852 113 Bảng tính hệ số: 1/(1+r)n Năm 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 1 0.90090 0.89286 0.88496 0.87719 0.86957 0.86207 0.85470 0.84746 0.84034 0.83333 2 0.81162 0.79719 0.78315 0.76947 0.75614 0.74316 0.73051 0.71818 0.70616 0.69444 3 0.73119 0.71178 0.69305 0.67497 0.65752 0.64066 0.62437 0.60863 0.59342 0.57870 4 0.65873 0.63552 0.61332 0.59208 0.57175 0.55229 0.53365 0.51579 0.49867 0.48225 5 0.59345 0.56743 0.54276 0.51937 0.49718 0.47611 0.45611 0.43711 0.41905 0.40188 6 0.53464 0.50663 0.48032 0.45559 0.43233 0.41044 0.38984 0.37043 0.35214 0.33490 7 0.48166 0.45235 0.42506 0.39964 0.37594 0.35383 0.33320 0.31393 0.29592 0.27908 8 0.43393 0.40388 0.37616 0.35056 0.32690 0.30503 0.28478 0.26604 0.24867 0.23257 9 0.39092 0.36061 0.33288 0.30751 0.28426 0.26295 0.24340 0.22546 0.20897 0.19381 10 0.35218 0.32197 0.29459 0.26974 0.24718 0.22668 0.20804 0.19106 0.17560 0.16151 11 0.31728 0.28748 0.26070 0.23662 0.21494 0.19542 0.17781 0.16192 0.14757 0.13459 12 0.28584 0.25668 0.23071 0.20756 0.18691 0.16846 0.15197 0.13722 0.12400 0.11216 13 0.25751 0.22917 0.20416 0.18207 0.16253 0.14523 0.12989 0.11629 0.10421 0.09346 14 0.23199 0.20462 0.18068 0.15971 0.14133 0.12520 0.11102 0.09855 0.08757 0.07789 15 0.20900 0.18270 0.15989 0.14010 0.12289 0.10793 0.09489 0.08352 0.07359 0.06491 16 0.18829 0.16312 0.14150 0.12289 0.10686 0.09304 0.08110 0.07078 0.06184 0.05409 17 0.16963 0.14564 0.12522 0.10780 0.09293 0.08021 0.06932 0.05998 0.05196 0.04507 18 0.15282 0.13004 0.11081 0.09456 0.08081 0.06914 0.05925 0.05083 0.04367 0.03756 19 0.13768 0.11611 0.09806 0.08295 0.07027 0.05961 0.05064 0.04308 0.03670 0.03130 20 0.12403 0.10367 0.08678 0.07276 0.06110 0.05139 0.04328 0.03651 0.03084 0.02608 21 0.11174 0.09256 0.07680 0.06383 0.05313 0.04430 0.03699 0.03094 0.02591 0.02174 22 0.10067 0.08264 0.06796 0.05599 0.04620 0.03819 0.03162 0.02622 0.02178 0.01811 23 0.09069 0.07379 0.06014 0.04911 0.04017 0.03292 0.02702 0.02222 0.01830 0.01509 24 0.08170 0.06588 0.05323 0.04308 0.03493 0.02838 0.02310 0.01883 0.01538 0.01258 25 0.07361 0.05882 0.04710 0.03779 0.03038 0.02447 0.01974 0.01596 0.01292 0.01048 26 0.06631 0.05252 0.04168 0.03315 0.02642 0.02109 0.01687 0.01352 0.01086 0.00874 27 0.05974 0.04689 0.03689 0.02908 0.02297 0.01818 0.01442 0.01146 0.00912 0.00728 28 0.05382 0.04187 0.03264 0.02551 0.01997 0.01567 0.01233 0.00971 0.00767 0.00607 29 0.04849 0.03738 0.02889 0.02237 0.01737 0.01351 0.01053 0.00823 0.00644 0.00506 30 0.04368 0.03338 0.02557 0.01963 0.01510 0.01165 0.00900 0.00697 0.00541 0.00421 31 0.03935 0.02980 0.02262 0.01722 0.01313 0.01004 0.00770 0.00591 0.00455 0.00351 32 0.03545 0.02661 0.02002 0.01510 0.01142 0.00866 0.00658 0.00501 0.00382 0.00293 33 0.03194 0.02376 0.01772 0.01325 0.00993 0.00746 0.00562 0.00425 0.00321 0.00244 34 0.02878 0.02121 0.01568 0.01162 0.00864 0.00643 0.00480 0.00360 0.00270 0.00203 35 0.02592 0.01894 0.01388 0.01019 0.00751 0.00555 0.00411 0.00305 0.00227 0.00169 36 0.02335 0.01691 0.01228 0.00894 0.00653 0.00478 0.00351 0.00258 0.00191 0.00141 37 0.02104 0.01510 0.01087 0.00784 0.00568 0.00412 0.00300 0.00219 0.00160 0.00118 38 0.01896 0.01348 0.00962 0.00688 0.00494 0.00355 0.00256 0.00186 0.00135 0.00098 39 0.01708 0.01204 0.00851 0.00604 0.00429 0.00306 0.00219 0.00157 0.00113 0.00082 40 0.01538 0.01075 0.00753 0.00529 0.00373 0.00264 0.00187 0.00133 0.00095 0.00068 41 0.01386 0.00960 0.00666 0.00464 0.00325 0.00228 0.00160 0.00113 0.00080 0.00057 42 0.01249 0.00857 0.00590 0.00407 0.00282 0.00196 0.00137 0.00096 0.00067 0.00047 43 0.01125 0.00765 0.00522 0.00357 0.00245 0.00169 0.00117 0.00081 0.00056 0.00039 44 0.01013 0.00683 0.00462 0.00313 0.00213 0.00146 0.00100 0.00069 0.00047 0.00033 45 0.00913 0.00610 0.00409 0.00275 0.00186 0.00126 0.00085 0.00058 0.00040 0.00027 46 0.00823 0.00544 0.00362 0.00241 0.00161 0.00108 0.00073 0.00049 0.00033 0.00023 47 0.00741 0.00486 0.00320 0.00212 0.00140 0.00093 0.00062 0.00042 0.00028 0.00019 48 0.00668 0.00434 0.00283 0.00186 0.00122 0.00081 0.00053 0.00035 0.00024 0.00016 49 0.00601 0.00388 0.00251 0.00163 0.00106 0.00069 0.00046 0.00030 0.00020 0.00013 50 0.00542 0.00346 0.00222 0.00143 0.00092 0.00060 0.00039 0.00025 0.00017 0.00011 114 Bảng tính hệ số: 1/(1+r)n Năm 21% 22% 23% 24% 25% 26% 27% 28% 29% 30% 1 0.82645 0.81967 0.81301 0.80645 0.80000 0.79365 0.78740 0.78125 0.77519 0.76923 2 0.68301 0.67186 0.66098 0.65036 0.64000 0.62988 0.62000 0.61035 0.60093 0.59172 3 0.56447 0.55071 0.53738 0.52449 0.51200 0.49991 0.48819 0.47684 0.46583 0.45517 4 0.46651 0.45140 0.43690 0.42297 0.40960 0.39675 0.38440 0.37253 0.36111 0.35013 5 0.38554 0.37000 0.35520 0.34111 0.32768 0.31488 0.30268 0.29104 0.27993 0.26933 6 0.31863 0.30328 0.28878 0.27509 0.26214 0.24991 0.23833 0.22737 0.21700 0.20718 7 0.26333 0.24859 0.23478 0.22184 0.20972 0.19834 0.18766 0.17764 0.16822 0.15937 8 0.21763 0.20376 0.19088 0.17891 0.16777 0.15741 0.14776 0.13878 0.13040 0.12259 9 0.17986 0.16702 0.15519 0.14428 0.13422 0.12493 0.11635 0.10842 0.10109 0.09430 10 0.14864 0.13690 0.12617 0.11635 0.10737 0.09915 0.09161 0.08470 0.07836 0.07254 11 0.12285 0.11221 0.10258 0.09383 0.08590 0.07869 0.07214 0.06617 0.06075 0.05580 12 0.10153 0.09198 0.08339 0.07567 0.06872 0.06245 0.05680 0.05170 0.04709 0.04292 13 0.08391 0.07539 0.06780 0.06103 0.05498 0.04957 0.04473 0.04039 0.03650 0.03302 14 0.06934 0.06180 0.05512 0.04921 0.04398 0.03934 0.03522 0.03155 0.02830 0.02540 15 0.05731 0.05065 0.04481 0.03969 0.03518 0.03122 0.02773 0.02465 0.02194 0.01954 16 0.04736 0.04152 0.03643 0.03201 0.02815 0.02478 0.02183 0.01926 0.01700 0.01503 17 0.03914 0.03403 0.02962 0.02581 0.02252 0.01967 0.01719 0.01505 0.01318 0.01156 18 0.03235 0.02789 0.02408 0.02082 0.01801 0.01561 0.01354 0.01175 0.01022 0.00889 19 0.02673 0.02286 0.01958 0.01679 0.01441 0.01239 0.01066 0.00918 0.00792 0.00684 20 0.02209 0.01874 0.01592 0.01354 0.01153 0.00983 0.00839 0.00717 0.00614 0.00526 21 0.01826 0.01536 0.01294 0.01092 0.00922 0.00780 0.00661 0.00561 0.00476 0.00405 22 0.01509 0.01259 0.01052 0.00880 0.00738 0.00619 0.00520 0.00438 0.00369 0.00311 23 0.01247 0.01032 0.00855 0.00710 0.00590 0.00491 0.00410 0.00342 0.00286 0.00239 24 0.01031 0.00846 0.00695 0.00573 0.00472 0.00390 0.00323 0.00267 0.00222 0.00184 25 0.00852 0.00693 0.00565 0.00462 0.00378 0.00310 0.00254 0.00209 0.00172 0.00142 26 0.00704 0.00568 0.00460 0.00372 0.00302 0.00246 0.00200 0.00163 0.00133 0.00109 27 0.00582 0.00466 0.00374 0.00300 0.00242 0.00195 0.00158 0.00127 0.00103 0.00084 28 0.00481 0.00382 0.00304 0.00242 0.00193 0.00155 0.00124 0.00100 0.00080 0.00065 29 0.00397 0.00313 0.00247 0.00195 0.00155 0.00123 0.00098 0.00078 0.00062 0.00050 30 0.00328 0.00257 0.00201 0.00158 0.00124 0.00097 0.00077 0.00061 0.00048 0.00038 31 0.00271 0.00210 0.00163 0.00127 0.00099 0.00077 0.00061 0.00047 0.00037 0.00029 32 0.00224 0.00172 0.00133 0.00102 0.00079 0.00061 0.00048 0.00037 0.00029 0.00023 33 0.00185 0.00141 0.00108 0.00083 0.00063 0.00049 0.00038 0.00029 0.00022 0.00017 34 0.00153 0.00116 0.00088 0.00067 0.00051 0.00039 0.00030 0.00023 0.00017 0.00013 35 0.00127 0.00095 0.00071 0.00054 0.00041 0.00031 0.00023 0.00018 0.00013 0.00010 36 0.00105 0.00078 0.00058 0.00043 0.00032 0.00024 0.00018 0.00014 0.00010 0.00008 37 0.00086 0.00064 0.00047 0.00035 0.00026 0.00019 0.00014 0.00011 0.00008 0.00006 38 0.00071 0.00052 0.00038 0.00028 0.00021 0.00015 0.00011 0.00008 0.00006 0.00005 39 0.00059 0.00043 0.00031 0.00023 0.00017 0.00012 0.00009 0.00007 0.00005 0.00004 40 0.00049 0.00035 0.00025 0.00018 0.00013 0.00010 0.00007 0.00005 0.00004 0.00003 41 0.00040 0.00029 0.00021 0.00015 0.00011 0.00008 0.00006 0.00004 0.00003 0.00002 42 0.00033 0.00024 0.00017 0.00012 0.00009 0.00006 0.00004 0.00003 0.00002 0.00002 43 0.00028 0.00019 0.00014 0.00010 0.00007 0.00005 0.00003 0.00002 0.00002 0.00001 44 0.00023 0.00016 0.00011 0.00008 0.00005 0.00004 0.00003 0.00002 0.00001 0.00001 45 0.00019 0.00013 0.00009 0.00006 0.00004 0.00003 0.00002 0.00001 0.00001 0.00001 46 0.00016 0.00011 0.00007 0.00005 0.00003 0.00002 0.00002 0.00001 0.00001 0.00001 47 0.00013 0.00009 0.00006 0.00004 0.00003 0.00002 0.00001 0.00001 0.00001 0.00000 48 0.00011 0.00007 0.00005 0.00003 0.00002 0.00002 0.00001 0.00001 0.00000 0.00000 49 0.00009 0.00006 0.00004 0.00003 0.00002 0.00001 0.00001 0.00001 0.00000 0.00000 50 0.00007 0.00005 0.00003 0.00002 0.00001 0.00001 0.00001 0.00000 0.00000 0.00000 115 Bảng tính hệ số (1 + r)n - 1 r(1 + r) n Năm 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 1 0.9901 0.9804 0.9709 0.9615 0.9524 0.9434 0.9346 0.9259 0.9174 0.9091 2 1.9704 1.9416 1.9135 1.8861 1.8594 1.8334 1.8080 1.7833 1.7591 1.7355 3 2.9410 2.8839 2.8286 2.7751 2.7232 2.6730 2.6243 2.5771 2.5313 2.4869 4 3.9020 3.8077 3.7171 3.6299 3.5460 3.4651 3.3872 3.3121 3.2397 3.1699 5 4.8534 4.7135 4.5797 4.4518 4.3295 4.2124 4.1002 3.9927 3.8897 3.7908 6 5.7955 5.6014 5.4172 5.2421 5.0757 4.9173 4.7665 4.6229 4.4859 4.3553 7 6.7282 6.4720 6.2303 6.0021 5.7864 5.5824 5.3893 5.2064 5.0330 4.8684 8 7.6517 7.3255 7.0197 6.7327 6.4632 6.2098 5.9713 5.7466 5.5348 5.3349 9 8.5660 8.1622 7.7861 7.4353 7.1078 6.8017 6.5152 6.2469 5.9952 5.7590 10 9.4713 8.9826 8.5302 8.1109 7.7217 7.3601 7.0236 6.7101 6.4177 6.1446 11 10.3676 9.7868 9.2526 8.7605 8.3064 7.8869 7.4987 7.1390 6.8052 6.4951 12 11.2551 10.5753 9.9540 9.3851 8.8633 8.3838 7.9427 7.5361 7.1607 6.8137 13 12.1337 11.3484 10.6350 9.9856 9.3936 8.8527 8.3577 7.9038 7.4869 7.1034 14 13.0037 12.1062 11.2961 10.5631 9.8986 9.2950 8.7455 8.2442 7.7862 7.3667 15 13.8651 12.8493 11.9379 11.1184 10.3797 9.7122 9.1079 8.5595 8.0607 7.6061 16 14.7179 13.5777 12.5611 11.6523 10.8378 10.1059 9.4466 8.8514 8.3126 7.8237 17 15.5623 14.2919 13.1661 12.1657 11.2741 10.4773 9.7632 9.1216 8.5436 8.0216 18 16.3983 14.9920 13.7535 12.6593 11.6896 10.8276 10.0591 9.3719 8.7556 8.2014 19 17.2260 15.6785 14.3238 13.1339 12.0853 11.1581 10.3356 9.6036 8.9501 8.3649 20 18.0456 16.3514 14.8775 13.5903 12.4622 11.4699 10.5940 9.8181 9.1285 8.5136 21 18.8570 17.0112 15.4150 14.0292 12.8212 11.7641 10.8355 10.0168 9.2922 8.6487 22 19.6604 17.6580 15.9369 14.4511 13.1630 12.0416 11.0612 10.2007 9.4424 8.7715 23 20.4558 18.2922 16.4436 14.8568 13.4886 12.3034 11.2722 10.3711 9.5802 8.8832 24 21.2434 18.9139 16.9355 15.2470 13.7986 12.5504 11.4693 10.5288 9.7066 8.9847 25 22.0232 19.5235 17.4131 15.6221 14.0939 12.7834 11.6536 10.6748 9.8226 9.0770 26 22.7952 20.1210 17.8768 15.9828 14.3752 13.0032 11.8258 10.8100 9.9290 9.1609 27 23.5596 20.7069 18.3270 16.3296 14.6430 13.2105 11.9867 10.9352 10.0266 9.2372 28 24.3164 21.2813 18.7641 16.6631 14.8981 13.4062 12.1371 11.0511 10.1161 9.3066 29 25.0658 21.8444 19.1885 16.9837 15.1411 13.5907 12.2777 11.1584 10.1983 9.3696 30 25.8077 22.3965 19.6004 17.2920 15.3725 13.7648 12.4090 11.2578 10.2737 9.4269 31 26.5423 22.9377 20.0004 17.5885 15.5928 13.9291 12.5318 11.3498 10.3428 9.4790 32 27.2696 23.4683 20.3888 17.8736 15.8027 14.0840 12.6466 11.4350 10.4062 9.5264 33 27.9897 23.9886 20.7658 18.1476 16.0025 14.2302 12.7538 11.5139 10.4644 9.5694 34 28.7027 24.4986 21.1318 18.4112 16.1929 14.3681 12.8540 11.5869 10.5178 9.6086 35 29.4086 24.9986 21.4872 18.6646 16.3742 14.4982 12.9477 11.6546 10.5668 9.6442 36 30.1075 25.4888 21.8323 18.9083 16.5469 14.6210 13.0352 11.7172 10.6118 9.6765 37 30.7995 25.9695 22.1672 19.1426 16.7113 14.7368 13.1170 11.7752 10.6530 9.7059 38 31.4847 26.4406 22.4925 19.3679 16.8679 14.8460 13.1935 11.8289 10.6908 9.7327 39 32.1630 26.9026 22.8082 19.5845 17.0170 14.9491 13.2649 11.8786 10.7255 9.7570 40 32.8347 27.3555 23.1148 19.7928 17.1591 15.0463 13.3317 11.9246 10.7574 9.7791 41 33.4997 27.7995 23.4124 19.9931 17.2944 15.1380 13.3941 11.9672 10.7866 9.7991 42 34.4997 28.7995 24.4124 20.9931 18.2944 16.1380 14.3941 12.9672 11.7866 10.7991 43 34.8100 28.6616 23.9819 20.3708 17.5459 15.3062 13.5070 12.0432 10.8380 9.8340 44 35.4555 29.0800 24.2543 20.5488 17.6628 15.3832 13.5579 12.0771 10.8605 9.8491 45 36.0945 29.4902 24.5187 20.7200 17.7741 15.4558 13.6055 12.1084 10.8812 9.8628 46 36.7272 29.8923 24.7754 20.8847 17.8801 15.5244 13.6500 12.1374 10.9002 9.8753 47 37.3537 30.2866 25.0247 21.0429 17.9810 15.5890 13.6916 12.1643 10.9176 9.8866 48 37.9740 30.6731 25.2667 21.1951 18.0772 15.6500 13.7305 12.1891 10.9336 9.8969 49 38.5881 31.0521 25.5017 21.3415 18.1687 15.7076 13.7668 12.2122 10.9482 9.9063 50 39.1961 31.4236 25.7298 21.4822 18.2559 15.7619 13.8007 12.2335 10.9617 9.9148 116 Bảng tính hệ số (1 + r)n - 1 r(1 + r) n Năm 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 1 0.9009 0.8929 0.8850 0.8772 0.8696 0.8621 0.8547 0.8475 0.8403 0.8333 2 1.7125 1.6901 1.6681 1.6467 1.6257 1.6052 1.5852 1.5656 1.5465 1.5278 3 2.4437 2.4018 2.3612 2.3216 2.2832 2.2459 2.2096 2.1743 2.1399 2.1065 4 3.1024 3.0373 2.9745 2.9137 2.8550 2.7982 2.7432 2.6901 2.6386 2.5887 5 3.6959 3.6048 3.5172 3.4331 3.3522 3.2743 3.1993 3.1272 3.0576 2.9906 6 4.2305 4.1114 3.9975 3.8887 3.7845 3.6847 3.5892 3.4976 3.4098 3.3255 7 4.7122 4.5638 4.4226 4.2883 4.1604 4.0386 3.9224 3.8115 3.7057 3.6046 8 5.1461 4.9676 4.7988 4.6389 4.4873 4.3436 4.2072 4.0776 3.9544 3.8372 9 5.5370 5.3282 5.1317 4.9464 4.7716 4.6065 4.4506 4.3030 4.1633 4.0310 10 5.8892 5.6502 5.4262 5.2161 5.0188 4.8332 4.6586 4.4941 4.3389 4.1925 11 6.2065 5.9377 5.6869 5.4527 5.2337 5.0286 4.8364 4.6560 4.4865 4.3271 12 6.4924 6.1944 5.9176 5.6603 5.4206 5.1971 4.9884 4.7932 4.6105 4.4392 13 6.7499 6.4235 6.1218 5.8424 5.5831 5.3423 5.1183 4.9095 4.7147 4.5327 14 6.9819 6.6282 6.3025 6.0021 5.7245 5.4675 5.2293 5.0081 4.8023 4.6106 15 7.1909 6.8109 6.4624 6.1422 5.8474 5.5755 5.3242 5.0916 4.8759 4.6755 16 7.3792 6.9740 6.6039 6.2651 5.9542 5.6685 5.4053 5.1624 4.9377 4.7296 17 7.5488 7.1196 6.7291 6.3729 6.0472 5.7487 5.4746 5.2223 4.9897 4.7746 18 7.7016 7.2497 6.8399 6.4674 6.1280 5.8178 5.5339 5.2732 5.0333 4.8122 19 7.8393 7.3658 6.9380 6.5504 6.1982 5.8775 5.5845 5.3162 5.0700 4.8435 20 7.9633 7.4694 7.0248 6.6231 6.2593 5.9288 5.6278 5.3527 5.1009 4.8696 21 8.0751 7.5620 7.1016 6.6870 6.3125 5.9731 5.6648 5.3837 5.1268 4.8913 22 8.1757 7.6446 7.1695 6.7429 6.3587 6.0113 5.6964 5.4099 5.1486 4.9094 23 8.2664 7.7184 7.2297 6.7921 6.3988 6.0442 5.7234 5.4321 5.1668 4.9245 24 8.3481 7.7843 7.2829 6.8351 6.4338 6.0726 5.7465 5.4509 5.1822 4.9371 25 8.4217 7.8431 7.3300 6.8729 6.4641 6.0971 5.7662 5.4669 5.1951 4.9476 26 8.4881 7.8957 7.3717 6.9061 6.4906 6.1182 5.7831 5.4804 5.2060 4.9563 27 8.5478 7.9426 7.4086 6.9352 6.5135 6.1364 5.7975 5.4919 5.2151 4.9636 28 8.6016 7.9844 7.4412 6.9607 6.5335 6.1520 5.8099 5.5016 5.2228 4.9697 29 8.6501 8.0218 7.4701 6.9830 6.5509 6.1656 5.8204 5.5098 5.2292 4.9747 30 8.6938 8.0552 7.4957 7.0027 6.5660 6.1772 5.8294 5.5168 5.2347 4.9789 31 8.7331 8.0850 7.5183 7.0199 6.5791 6.1872 5.8371 5.5227 5.2392 4.9824 32 8.7686 8.1116 7.5383 7.0350 6.5905 6.1959 5.8437 5.5277 5.2430 4.9854 33 8.8005 8.1354 7.5560 7.0482 6.6005 6.2034 5.8493 5.5320 5.2462 4.9878 34 8.8293 8.1566 7.5717 7.0599 6.6091 6.2098 5.8541 5.5356 5.2489 4.9898 35 8.8552 8.1755 7.5856 7.0700 6.6166 6.2153 5.8582 5.5386 5.2512 4.9915 36 8.8786 8.1924 7.5979 7.0790 6.6231 6.2201 5.8617 5.5412 5.2531 4.9929 37 8.8996 8.2075 7.6087 7.0868 6.6288 6.2242 5.8647 5.5434 5.2547 4.9941 38 8.9186 8.2210 7.6183 7.0937 6.6338 6.2278 5.8673 5.5452 5.2561 4.9951 39 8.9357 8.2330 7.6268 7.0997 6.6380 6.2309 5.8695 5.5468 5.2572 4.9959 40 8.9511 8.2438 7.6344 7.1050 6.6418 6.2335 5.8713 5.5482 5.2582 4.9966 41 8.9649 8.2534 7.6410 7.1097 6.6450 6.2358 5.8729 5.5493 5.2590 4.9972 42 9.9649 9.2534 8.6410 8.1097 7.6450 7.2358 6.8729 6.5493 6.2590 5.9972 43 8.9886 8.2696 7.6522 7.1173 6.6503 6.2394 5.8755 5.5510 5.2602 4.9980 44 8.9988 8.2764 7.6568 7.1205 6.6524 6.2409 5.8765 5.5517 5.2607 4.9984 45 9.0079 8.2825 7.6609 7.1232 6.6543 6.2421 5.8773 5.5523 5.2611 4.9986 46 9.0161 8.2880 7.6645 7.1256 6.6559 6.2432 5.8781 5.5528 5.2614 4.9989 47 9.0235 8.2928 7.6677 7.1277 6.6573 6.2442 5.8787 5.5532 5.2617 4.9991 48 9.0302 8.2972 7.6705 7.1296 6.6585 6.2450 5.8792 5.5536 5.2619 4.9992 49 9.0362 8.3010 7.6730 7.1312 6.6596 6.2457 5.8797 5.5539 5.2621 4.9993 50 9.0417 8.3045 7.6752 7.1327 6.6605 6.2463 5.8801 5.5541 5.2623 4.9995 117 Bảng tính hệ số (1 + r)n - 1 r(1 + r) n Năm 21% 22% 23% 24% 25% 26% 27% 28% 29% 30% 1 0.8264 0.8197 0.8130 0.8065 0.8000 0.7937 0.7874 0.7813 0.7752 0.7692 2 1.5095 1.4915 1.4740 1.4568 1.4400 1.4235 1.4074 1.3916 1.3761 1.3609 3 2.0739 2.0422 2.0114 1.9813 1.9520 1.9234 1.8956 1.8684 1.8420 1.8161 4 2.5404 2.4936 2.4483 2.4043 2.3616 2.3202 2.2800 2.2410 2.2031 2.1662 5 2.9260 2.8636 2.8035 2.7454 2.6893 2.6351 2.5827 2.5320 2.4830 2.4356 6 3.2446 3.1669 3.0923 3.0205 2.9514 2.8850 2.8210 2.7594 2.7000 2.6427 7 3.5079 3.4155 3.3270 3.2423 3.1611 3.0833 3.0087 2.9370 2.8682 2.8021 8 3.7256 3.6193 3.5179 3.4212 3.3289 3.2407 3.1564 3.0758 2.9986 2.9247 9 3.9054 3.7863 3.6731 3.5655 3.4631 3.3657 3.2728 3.1842 3.0997 3.0190 10 4.0541 3.9232 3.7993 3.6819 3.5705 3.4648 3.3644 3.2689 3.1781 3.0915 11 4.1769 4.0354 3.9018 3.7757 3.6564 3.5435 3.4365 3.3351 3.2388 3.1473 12 4.2784 4.1274 3.9852 3.8514 3.7251 3.6059 3.4933 3.3868 3.2859 3.1903 13 4.3624 4.2028 4.0530 3.9124 3.7801 3.6555 3.5381 3.4272 3.3224 3.2233 14 4.4317 4.2646 4.1082 3.9616 3.8241 3.6949 3.5733 3.4587 3.3507 3.2487 15 4.4890 4.3152 4.1530 4.0013 3.8593 3.7261 3.6010 3.4834 3.3726 3.2682 16 4.5364 4.3567 4.1894 4.0333 3.8874 3.7509 3.6228 3.5026 3.3896 3.2832 17 4.5755 4.3908 4.2190 4.0591 3.9099 3.7705 3.6400 3.5177 3.4028 3.2948 18 4.6079 4.4187 4.2431 4.0799 3.9279 3.7861 3.6536 3.5294 3.4130 3.3037 19 4.6346 4.4415 4.2627 4.0967 3.9424 3.7985 3.6642 3.5386 3.4210 3.3105 20 4.6567 4.4603 4.2786 4.1103 3.9539 3.8083 3.6726 3.5458 3.4271 3.3158 21 4.6750 4.4756 4.2916 4.1212 3.9631 3.8161 3.6792 3.5514 3.4319 3.3198 22 4.6900 4.4882 4.3021 4.1300 3.9705 3.8223 3.6844 3.5558 3.4356 3.3230 23 4.7025 4.4985 4.3106 4.1371 3.9764 3.8273 3.6885 3.5592 3.4384 3.3254 24 4.7128 4.5070 4.3176 4.1428 3.9811 3.8312 3.6918 3.5619 3.4406 3.3272 25 4.7213 4.5139 4.3232 4.1474 3.9849 3.8342 3.6943 3.5640 3.4423 3.3286 26 4.7284 4.5196 4.3278 4.1511 3.9879 3.8367 3.6963 3.5656 3.4437 3.3297 27 4.7342 4.5243 4.3316 4.1542 3.9903 3.8387 3.6979 3.5669 3.4447 3.3305 28 4.7390 4.5281 4.3346 4.1566 3.9923 3.8402 3.6991 3.5679 3.4455 3.3312 29 4.7430 4.5312 4.3371 4.1585 3.9938 3.8414 3.7001 3.5687 3.4461 3.3317 30 4.7463 4.5338 4.3391 4.1601 3.9950 3.8424 3.7009 3.5693 3.4466 3.3321 31 4.7490 4.5359 4.3407 4.1614 3.9960 3.8432 3.7015 3.5697 3.4470 3.3324 32 4.7512 4.5376 4.3421 4.1624 3.9968 3.8438 3.7019 3.5701 3.4473 3.3326 33 4.7531 4.5390 4.3431 4.1632 3.9975 3.8443 3.7023 3.5704 3.4475 3.3328 34 4.7546 4.5402 4.3440 4.1639 3.9980 3.8447 3.7026 3.5706 3.4477 3.3329 35 4.7559 4.5411 4.3447 4.1644 3.9984 3.8450 3.7028 3.5708 3.4478 3.3330 36 4.7569 4.5419 4.3453 4.1649 3.9987 3.8452 3.7030 3.5709 3.4479 3.3331 37 4.7578 4.5426 4.3458 4.1652 3.9990 3.8454 3.7032 3.5710 3.4480 3.3331 38 4.7585 4.5431 4.3462 4.1655 3.9992 3.8456 3.7033 3.5711 3.4481 3.3332 39 4.7591 4.5435 4.3465 4.1657 3.9993 3.8457 3.7034 3.5712 3.4481 3.3332 40 4.7596 4.5439 4.3467 4.1659 3.9995 3.8458 3.7034 3.5712 3.4481 3.3332 41 4.7600 4.5441 4.3469 4.1661 3.9996 3.8459 3.7035 3.5713 3.4482 3.3333 42 5.7600 5.5441 5.3469 5.1661 4.9996 4.8459 4.7035 4.5713 4.4482 4.3333 43 4.7606 4.5446 4.3472 4.1663 3.9997 3.8460 3.7036 3.5713 3.4482 3.3333 44 4.7608 4.5447 4.3473 4.1663 3.9998 3.8460 3.7036 3.5714 3.4482 3.3333 45 4.7610 4.5449 4.3474 4.1664 3.9998 3.8460 3.7036 3.5714 3.4482 3.3333 46 4.7612 4.5450 4.