ABCDEFGHIJKLMNOPQRSTUVWXYZAAABACADAE
1
$100
Initial endowment (millions)
2
2
PRI loan duration (years)
3
6%
PRI interest rate
4
10%
Expected PRI default rate
5
5%
Annual distribution percent
6
7
Year123456789101112131415161718192021222324252627282930
8
Endowment$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0$100.0
9
Distributed (new)$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00
10
Redistributed$0.00$0.00$5.06$5.06$10.17$10.17$15.34$15.34$20.57$20.57$25.86$25.86$31.20$31.20$36.61$36.61$42.08$42.08$47.61$47.61$53.20$53.20$58.85$58.85$64.57$64.57$70.35$70.35$76.20$76.20
11
Distributed (total)$5.00$5.00$10.06$10.06$15.17$15.17$20.34$20.34$25.57$25.57$30.86$30.86$36.20$36.20$41.61$41.61$47.08$47.08$52.61$52.61$58.20$58.20$63.85$63.85$69.57$69.57$75.35$75.35$81.20$81.20
12
PRI returns0.005.065.0610.1710.1715.3415.3420.5720.5725.8625.8631.2031.2036.6136.6142.0842.0847.6147.6153.2053.2058.8558.8564.5764.5770.3570.3576.2076.2082.11
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100