Discounted rates question - help needed

[sleep envy]

Trying to get my head around something but can't work it out - any help please?!?!

Discounted rate calcs:

Interest rate - 0.05
Inflation rate - 0.02
Discount rate - 0.029

Initial capital cost - £448.00
Saving per annum - £30.00

In year 10 I am told the net saving will be £191.32

can you show me the working to get to £191.32?

[Plotloss]

Is that the total nett saving, to date?

[sleep envy]

yep

[Landlord]

sleep envy said:

can you show me the working to get to £191.32?

Sure;

£190.00 + £1.00 = £191.00
£191.00 + £0.32 = £191.32


Answer: £191.32 QuiteEasilyDone

[sleep envy]

city or country?