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Life Cycle Cost Calculator
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Input Parameters
Unit System
Imperial (°F, BTU, ft)
SI (°C, kW, m)
Initial Cost ($)
Annual Operating Cost ($)
Annual Maintenance Cost ($)
Lifespan (years)
Discount Rate (%)
Calculate
Results
Life Cycle Cost
47,500
Total LCC $
39,845
Present Value $
3,167
Annualized Cost $/year
Life Cycle Cost Calculation Theory
Click to expand theory section
Calculation Steps
1
Calculate Present Value
Formula:
P
V
=
C
0
+
C
a
n
n
u
a
l
×
1
−
(
1
+
r
)
−
n
r
PV = C_0 + C_{annual} \times \frac{1 - (1+r)^{-n}}{r}
P
V
=
C
0
+
C
ann
u
a
l
×
r
1
−
(
1
+
r
)
−
n
Calculation:
P
V
=
10000
+
2500
×
1
−
(
1
+
0.03
)
−
15
0.03
PV = 10000 + 2500 \times \frac{1 - (1+0.03)^{-15}}{0.03}
P
V
=
10000
+
2500
×
0.03
1
−
(
1
+
0.03
)
−
15
Result:
39844.84 \text{ $}
