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Pay-off - PO is the period "n" giving NPV = 0 when all the other parameters are given B = Annual net savings r = Real interest rate n = PO = Pay-off Io = Investment Maximum investment - Im represents the maximum amount that can be invested for predetermined allowed pay-off: Im = Maximum Investment B = Annual net savings r = Real Interest Rate n = PO = Pay-off (given) Return parameters were calculated with software ENSI program. The results of the running program are presented below: Performance indicators PB NPVQ IRR years 7,9 0,53 % 10 Parameters of return U.M. Valoare [euro] Investment Euro 222402 Income Euro 54348 Operating costs Euro 26033 PO years 9,0 NPV euro 118079 The maximum investment for a period of 15 years 340325 Table 4 The internal rate of return of 10% indicates an effective project. IRR is above the real interest. 10PDF Image | Economic modeling of low-temperature geothermal energy
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