Table 9 Present value of cash inflows from investing to the EQ certifications (€).

From: Implementation of the human capital management concept: an empirical study of small trading company

Year

Cash inflow (€)

Rate to deduct interest

Discounted cash inflow (€)

1.

17,500

0.95

16,625

2.

17,500

0.90

15,750

3.

17,500

0.85

14,875

4.

17,500

0.80

14,000

5.

17,500

0.75

13,125

Total

87,500

74,375