           PROFITABILITY INDEX OF A PROJECT

THE PROFITABILITY INDEX OF A PROJECT IS SIMPLY THE PRESENT
VALUE OF THE FUTURE (EXPECTED) NET CASH FLOWS DIVIDED BY THE
INITIAL CASH OUTLAY. AS LONG AS THE PROFITABILITY INDEX IS
GREATER THAN 1 THE INVESTMENT IS ACCEPTABLE.

IN THIS PROGRAM THE USER INPUTS THE CASH FLOWS OVER THE
LIFE OF A PROJECT(UP TO 100). EXCEPT FOR THE INITIAL COST
A NEGATIVE CASH FLOW MEANS CASH OUTFLOW. THE USER ALSO
ENTERS  THE INTEREST RATE WHICH THE PROJECT IS CAPITALIZED
UNDER (I.E. RETURN DESIRED). THE PROGRAM OUTPUTS THE
PROFITABILITY INDEX.

PRESS ENTER TO BEGIN? 
ENTER RETURN DESIRED FOR THIS PROJECT(%) ? 12
ENTER INITIAL CASH OUTLAY FOR THE PROJECT? 345678
INPUT CASH FLOW FOR YEAR  1 (-9999 ENDS)? 9123
INPUT CASH FLOW FOR YEAR  2 (-9999 ENDS)? 5678
INPUT CASH FLOW FOR YEAR  3 (-9999 ENDS)? 7892
INPUT CASH FLOW FOR YEAR  4 (-9999 ENDS)? 8912
INPUT CASH FLOW FOR YEAR  5 (-9999 ENDS)? -9999

INITIAL CASH COST OF PROJECT =  345678 
PRESENT VALUE OF FUTURE CASH FLOWS =  23953.1 
PROFITABILITY INDEX EQUALS  6.92931E-2 


PRESS ENTER FOR MORE COMPUTATION? -1
