Financing through Debt with fixed payment of $6.

25 million and interest (M$)

Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Debt  125 118.75 112.5 106.25 100 93.75 87.5 81.25 75 68.75 62.5 56.25 50 43.75 37.5
Principle 
payment  6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 37.5
Interest 
payment  8.125 7.71875 7.3125 6.90625 6.5 6.09375 5.6875 5.28125 4.875 4.46875 4.0625 3.65625 3.25 2.84375 2.4375
Debt 
Outstanding 
118.75 112.5 106.25 100 93.75 87.5 81.25 75 68.75 62.5 56.25 50 43.75 37.5 0

Tax benefit  2.83 2.71 2.57 2.42 2.28 2.14 2.00 1.85 1.71 1.57 1.43 1.28 1.14 1.00 0.86
Net interest 
Paid 
5.28 5.01 4.75 4.48 4.22 3.96 3.69 3.43 3.17 2.90 2.64 2.37 2.11 1.85 1.58
Principle Paid 
6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 37.5
Net 
payments 11.53 11.26 11.00 10.73 10.47 10.21 9.94 9.68 9.42 9.15 8.89 8.62 8.36 8.10 39.08
Present value 
of payemnts
$  106.78