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I know the answer, but what I don't understand is how to work the problem. Can you please show me the equation used and step

I know the answer, but what I don't understand is how to work the problem. Can you please show me the equation used and step by step. NOT ON EXCEL. We can not use excel to work our problems.

Your firm is considering an investment that will cost $920,000 today. The investment will produce cash flows of $450,000 in year 1, $270,000 in years 2 through 4, and $200,000 in year 5. The discount rate that your firm uses for projects of this type is 11.25%. What is the investment's net present value?

Selected Answer:	$192,369
Answers:	$540,000
	$378,458
	$192,369
	$112,583

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