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Given the following cash flows and an interest rate of 5%: t Rt vtRt tvtRt 1 500 476 476 2 600 544 1,088 3 700

Given the following cash flows and an interest rate of 5%:

t Rt vtRt tvtRt
1 500 476 476
2 600 544 1,088
3 700 605 1,815
4 800 658 2,632
5 900 705 3,525
6 700 522 3,132
7 500 355 2,485
8 300 203 1,624
9 200 129 1,161
10 100 61 610
Sum 5,300 4,258 18,548

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