Year | Cashflow | Discount | Present value |
1 | 5 | 5.0% | 4.76 |
2 | 5 | 10.3% | 4.54 |
3 | 5 | 15.8% | 4.32 |
4 | 5 | 21.6% | 4.11 |
5 | 105 | 27.6% | 82.27 |
Total |
|
| 100 |