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LaTeX Math Block
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\mbox{NPV} =  \mbox{DCF} - \mbox{I}_0 =  - \mbox{I}_0 + \sum_{i=1}^n \frac{R\mbox{FCF}_i}{(1+r)^i} = \sum_{i=0}^n \frac{R\mbox{FCF}_i}{(1+r)^i}

where

LaTeX Math Inline
bodyn

total number of accounting periods 

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bodyi= 0, 1, 2, 3, ...

running number of accounting period (usually 1 year)

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bodyr

discount rate

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bodyR--uriencoded--\mbox%7BFCF%7D_i = \rm CashIn_i - \rm CashOut_i

free cash flow generated during the

LaTeX Math Inline
bodyi
-th accounting period

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