NPV14 = -20 559 000 -

-

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

+

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

= 224 932 626,96 – 32 683,41 + 34 051 288,47 = =258 951 232,02
NPV15 = -20 559 000 -

-

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

+

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

= 258 951 232,02– 41 114,17 + 31 662 775,96 = =290 572 893,80
NPV16 = -20 559 000 -

-

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

+

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

= 290 572 893,80 – 43 743,39 + 29 443 268,39 = =319 972 418,81
NPV17 = -20 559 000 -

-

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

+

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

= 319 972 418,81 – 43 388,94 + 27 380 642,49 = = 347 309 672,36
NPV18 = -20 559 000 -

-

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

+

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

-

+ +

= 347 309 672,36 – 32 434,46 + 25 333 961,46 = = 372 611 199,36