Open AccessFeasibility Study Fishing Tour Project in Dongkal Village, East Pondok Jagung, North Serpong, South Tangerang City, Banten
Author(s) -
Effendi Tjahjadi
Publication year - 2022
Publication title -
influence
Language(s) - English
Resource type - Journals
ISSN - 2808-1471
DOI - 10.54783/influence.v4i1.195
Subject(s) - internal rate of return , payback period , loan , net present value , fishing , rate of return , business , investment (military) , interest rate , present value , value (mathematics) , agricultural economics , return on investment , finance , economics , agricultural science , fishery , mathematics , statistics , production (economics) , environmental science , biology , politics , political science , law , macroeconomics
The purpose of writing a feasibility study paper on fishing tourism business is to assist the village government in realizing increased economic growth for the community around village. The author also wants to carry out several feasibility measurements in a project development by analyzing, viewing and measuring several measurement indicators using the Net Present Value method, Internal Return Rate, Cost Benefit Ratio, Return on Investment, and Return on Investment Period. Based on the results of the analysis of the financial feasibility test with this method, the authors use a loan interest rate of 11% per year to operate. From the calculation results obtained a positive number of Net Present Value of Rp. 493,276 million, the value of the Internal Rate of Return 12.1388% > 11% (Interest Rate), the value of the Cost Benefit Ratio 1.5165 > 1, with a payback period of 3.0825 years < 5 years (Bank loan repayment period).