Period

Cash Flow

Discounted cash flows

[years]

[USD$]

5%

10%

15%

0

−99,900.00

−99,900.00

−99,900.00

−99,900.00

1

15,478.44

14,741.37

14,071.31

13,459.51

2

15,478.44

14,039.40

12,792.10

11,703.92

3

15,478.44

13,370.86

11,629.18

10,177.33

4

15,478.44

12,734.15

10,571.98

8849.85

5

478.44

374.87

297.07

237.87

6

15,478.44

11,550.25

8737.18

6691.76

7

−8521.56

−6056.11

−4372.91

−3203.57

8

15,478.44

10,476.42

7220.81

5059.93

9

478.44

308.41

202.91

136.00

10

15,478.44

9502.42

5967.61

3826.03

11

15,478.44

9049.92

5425.10

3326.99

12

−8521.56

−4745.12

−2715.23

−1592.74

13

−23,521.56

−12,473.99

−6813.36

−3822.91

14

15,478.44

7817.66

4075.96

2187.55

15

−7021,56

−3377.49

−1680.91

−862.91

16

15,478.44

7090.85

3368.56

1654.10

17

478.44

208.74

94.66

44.46

18

15,478.44

6431.61

2783.93

1250.74

19

−8521.56

−3372.27

−1393.34

−598.77

20

15,478.44

5833.66

2300.77

945.74

21

478.44

171.73

64.65

25.42

22

15,478.44

5291.30

1901.46

715.11

23

15,478.44

5039.34

1728.60

621.84

24

−8521.56

−2642.26

−865.16

−297.69

25

45,817.44

13,530.02

4228.77

1391.83

99,900.00

14,995.79

−20,278.20

−37,972.48