DADOS:

Custo de Injeo de CO2 (US$/t) (1)

Custo de Armazenamento ,Transporte e Compresso (US$/t) (1)
Valor do leo (US$/m3)
Custo de Abandono (milhes de US$)
Tempo de Projeto (anos)
TMA (%)
Custo de Perfurao e Completao dos Poos Verticais onshore (US$/Poo)
Nmero de Poos - Five spot
Custo de leo Produzido e Elevao (US$/m) (5 U$/bbl + 1 U$/bbl)
Instalaes para uso do CO2 (2)

Relao de Inj de CO2 (m3/d)

OBS.:
Converso
1 bbl - m
1 Toneladas CO2 - m

Valor do Gs Natural
(1) Anne Teresa
(2) Alexandre da Cunha Matte

8 (uS/t)*(t/1000kg)*(1000kg/505m de CO2)
 uS/t uS/m INJ 100 MIL 200 MIL
12.00 0.02376 ANOS (m3/dia) (m3/dia)
11.00 0.0218 0 0 0
- 534.05 1 88,371.24 89,680.88
1.10 1.10 2 110,224.52 110,205.99
15.00 15.00 3 121,376.58 121,234.16
15.00 15.00 4 128,697.88 128,448.44
400,000.00 400,000.00 5 133,932.78 133,674.61
2.00 2.00 6 138,013.13 137,655.78
37.68 37.68 7 141,301.69 140,852.98
1,200,000.00 1,200,000.00 8 144,028.91 143,526.77
9 146,326.72 145,826.89
10 148,317.34 147,845.16
0.0000099 11 150,067.83 149,659.39
12 151,621.50 151,307.83
13 153,015.36 152,822.25
Fator 14 154,274.00 154,214.38
6.2829 15 155,422.05 155,500.09
505

0,75 Us/m INJ 100 MIL 200 MIL

ANOS (m3/dia) (m3/dia)
0 0 0
1 88,371.24 89,680.88
2 21,853.28 20,525.11
3 11,152.05 11,028.16
4 7,321.30 7,214.28
5 5,234.91 5,226.17
6 4,080.34 3,981.17
7 3,288.56 3,197.20
8 2,727.22 2,673.78
9 2,297.81 2,300.13
10 1,990.63 2,018.27
11 1,750.48 1,814.23
12 1,553.67 1,648.44
13 1,393.86 1,514.42
14 1,258.64 1,392.13
15 1,148.05 1,285.72
 ACUMULADO DE LEO.
FIVE-SPOT INVERTIDO
300 MIL 400 MIL 500 MIL 600 MIL 700 MIL 800 MIL
(m3/dia) (m3/dia) (m3/dia) (m3/dia) (m3/dia) (m3/dia)
0 0 0 0 0 0
97,104.95 102,209.18 103,834.45 103,834.45 103,834.45 130,678.88
119,169.57 125,629.98 129,669.47 129,688.45 129,688.45 161,641.92
130,407.32 137,268.92 142,156.58 142,394.16 142,394.16 175,119.00
137,597.78 144,658.23 150,030.66 150,506.45 150,506.45 183,458.00
142,724.56 150,042.11 155,573.27 156,245.36 156,245.36 188,726.05
146,828.38 154,277.77 159,798.69 160,628.50 160,628.50 192,538.97
150,212.50 157,673.44 163,136.23 164,071.00 164,071.00 195,496.00
153,068.97 160,449.00 165,835.48 166,868.52 166,868.52 197,814.25
155,534.48 162,772.89 168,059.45 169,173.92 169,173.92 199,657.38
157,667.05 164,717.80 169,942.95 171,141.98 171,141.98 201,175.25
159,501.81 166,406.59 171,586.20 172,863.86 172,863.86 202,470.69
161,095.06 167,877.67 173,031.80 174,386.31 174,386.31 203,606.97
162,511.89 169,181.33 174,329.42 175,740.38 175,740.38 204,582.66
163,783.89 170,359.70 175,482.66 176,948.47 176,948.47 205,451.31
164,933.61 171,420.59 176,516.72 178,030.92 178,030.92 206,246.92

NP PRODUO DE LEO (ANUAL)

300 MIL 400 MIL 500 MIL 600 MIL 700 MIL 800 MIL
(m3/dia) (m3/dia) (m3/dia) (m3/dia) (m3/dia) (m3/dia)
0 0 0 0 0 0
97,104.95 102,209.18 103,834.45 103,834.45 103,834.45 130,678.88
22,064.62 23,420.80 25,835.02 25,854.00 25,854.00 30,963.05
11,237.75 11,638.94 12,487.11 12,705.70 12,705.70 13,477.08
7,190.46 7,389.31 7,874.08 8,112.30 8,112.30 8,339.00
5,126.78 5,383.88 5,542.61 5,738.91 5,738.91 5,268.05
4,103.81 4,235.66 4,225.42 4,383.14 4,383.14 3,812.92
3,384.13 3,395.67 3,337.55 3,442.50 3,442.50 2,957.03
2,856.47 2,775.56 2,699.25 2,797.52 2,797.52 2,318.25
2,465.52 2,323.89 2,223.97 2,305.41 2,305.41 1,843.13
2,132.56 1,944.91 1,883.50 1,968.06 1,968.06 1,517.88
1,834.77 1,688.80 1,643.25 1,721.88 1,721.88 1,295.44
1,593.25 1,471.08 1,445.59 1,522.45 1,522.45 1,136.28
1,416.83 1,303.66 1,297.63 1,354.06 1,354.06 975.69
1,272.00 1,178.38 1,153.23 1,208.09 1,208.09 868.66
1,149.72 1,060.89 1,034.06 1,082.45 1,082.45 795.61
 900 MIL 1 MILHO INJ
(m3/dia) (m3/dia) ANOS
0 0 0
130,678.88 130,678.88 1
163,214.39 163,593.84 2
177,721.48 179,174.45 3
186,334.84 188,332.30 4
191,815.73 194,114.47 5
195,692.91 198,079.86 6
198,591.25 200,992.63 7
200,855.58 203,270.83 8
202,661.38 205,092.77 9
204,152.53 206,591.22 10
205,437.64 207,880.70 11
206,551.86 209,055.30 12
207,525.77 210,086.80 13
208,426.23 210,984.31 14
209,224.41 211,781.48 15

900 MIL 1 MILHO INJ

(m3/dia) (m3/dia) ANOS
0 0 0
130,678.88 130,678.88 1
32,535.52 32,914.97 2
14,507.09 15,580.61 3
8,613.36 9,157.84 4
5,480.89 5,782.17 5
3,877.17 3,965.39 6
2,898.34 2,912.77 7
2,264.33 2,278.20 8
1,805.80 1,821.94 9
1,491.16 1,498.45 10
1,285.11 1,289.48 11
1,114.22 1,174.59 12
973.91 1,031.50 13
900.47 897.52 14
798.17 797.17 15
 ACUMULADO DE GS.
FIVE-SPOT INVERTIDO
100 MIL 200 MIL 300 MIL 400 MIL
(m3/dia) (m3/dia) (m3/dia) (m3/dia)
0 0 0 0
32,640,424.00 59,963,640.00 84,610,640.00 104,731,784.00
69,140,424.00 132,963,640.00 194,110,640.00 250,731,792.00
105,740,424.00 206,163,632.00 303,910,656.00 397,131,776.00
142,240,432.00 279,163,648.00 413,410,656.00 543,131,776.00
178,740,432.00 352,163,648.00 522,910,656.00 689,131,776.00
215,240,432.00 425,163,648.00 632,410,624.00 835,131,776.00
251,840,432.00 498,363,648.00 742,210,624.00 981,531,776.00
288,340,416.00 571,363,648.00 851,710,656.00 1,127,531,776.00
324,840,416.00 644,363,648.00 961,210,624.00 1,273,531,776.00
361,340,416.00 717,363,648.00 1,070,710,656.00 1,419,531,776.00
397,940,416.00 790,563,648.00 1,180,510,592.00 1,565,931,776.00
434,440,416.00 863,563,648.00 1,290,010,624.00 1,711,931,776.00
470,940,416.00 936,563,648.00 1,399,510,656.00 1,857,931,776.00
507,440,416.00 1,009,563,648.00 1,509,010,688.00 2,003,931,776.00
544,040,448.00 1,082,763,648.00 1,618,810,624.00 2,150,331,904.00

GP PRODUO DE GS (A
100 MIL 200 MIL 300 MIL 400 MIL
(m3/dia) (m3/dia) (m3/dia) (m3/dia)
0 0 0 0
32,640,424.00 59,963,640.00 84,610,640.00 104,731,784.00
36,500,000.00 73,000,000.00 109,500,000.00 146,000,008.00
36,600,000.00 73,199,992.00 109,800,016.00 146,399,984.00
36,500,008.00 73,000,016.00 109,500,000.00 146,000,000.00
36,500,000.00 73,000,000.00 109,500,000.00 146,000,000.00
36,500,000.00 73,000,000.00 109,499,968.00 146,000,000.00
36,600,000.00 73,200,000.00 109,800,000.00 146,400,000.00
36,499,984.00 73,000,000.00 109,500,032.00 146,000,000.00
36,500,000.00 73,000,000.00 109,499,968.00 146,000,000.00
36,500,000.00 73,000,000.00 109,500,032.00 146,000,000.00
36,600,000.00 73,200,000.00 109,799,936.00 146,400,000.00
36,500,000.00 73,000,000.00 109,500,032.00 146,000,000.00
36,500,000.00 73,000,000.00 109,500,032.00 146,000,000.00
36,500,000.00 73,000,000.00 109,500,032.00 146,000,000.00
36,600,032.00 73,200,000.00 109,799,936.00 146,400,128.00
UMULADO DE GS.
FIVE-SPOT INVERTIDO
500 MIL 600 MIL 700 MIL 800 MIL
(m3/dia) (m3/dia) (m3/dia) (m3/dia)
0 0 0 0
111,604,128.00 111,604,128.00 111,604,128.00 145,276,080.00
290,780,576.00 290,989,408.00 290,989,408.00 436,682,304.00
473,780,576.00 477,715,072.00 477,715,072.00 729,482,304.00
656,280,576.00 667,141,248.00 667,141,248.00 1,021,482,304.00
838,780,544.00 859,274,624.00 859,274,624.00 1,313,482,240.00
1,021,280,576.00 1,053,109,376.00 1,053,109,376.00 1,605,482,240.00
1,204,280,576.00 1,248,711,680.00 1,248,711,680.00 1,898,282,240.00
1,386,780,544.00 1,444,760,576.00 1,444,760,576.00 2,190,282,240.00
1,569,280,512.00 1,641,740,800.00 1,641,740,800.00 2,482,282,240.00
1,751,780,608.00 1,839,413,248.00 1,839,413,248.00 2,774,282,240.00
1,934,780,544.00 2,038,186,240.00 2,038,186,240.00 3,067,082,240.00
2,117,280,512.00 2,236,882,176.00 2,236,882,176.00 3,359,082,240.00
2,299,780,608.00 2,436,005,120.00 2,436,005,120.00 3,651,082,240.00
2,482,280,448.00 2,635,605,760.00 2,635,605,760.00 3,943,082,240.00
2,665,280,512.00 2,836,284,928.00 2,836,284,928.00 4,235,882,240.00

PRODUO DE GS (ANUAL)
500 MIL 600 MIL 700 MIL 800 MIL
(m3/dia) (m3/dia) (m3/dia) (m3/dia)
0 0 0 0
111,604,128.00 111,604,128.00 111,604,128.00 145,276,080.00
179,176,448.00 179,385,280.00 179,385,280.00 291,406,224.00
183,000,000.00 186,725,664.00 186,725,664.00 292,800,000.00
182,500,000.00 189,426,176.00 189,426,176.00 292,000,000.00
182,499,968.00 192,133,376.00 192,133,376.00 291,999,936.00
182,500,032.00 193,834,752.00 193,834,752.00 292,000,000.00
183,000,000.00 195,602,304.00 195,602,304.00 292,800,000.00
182,499,968.00 196,048,896.00 196,048,896.00 292,000,000.00
182,499,968.00 196,980,224.00 196,980,224.00 292,000,000.00
182,500,096.00 197,672,448.00 197,672,448.00 292,000,000.00
182,999,936.00 198,772,992.00 198,772,992.00 292,800,000.00
182,499,968.00 198,695,936.00 198,695,936.00 292,000,000.00
182,500,096.00 199,122,944.00 199,122,944.00 292,000,000.00
182,499,840.00 199,600,640.00 199,600,640.00 292,000,000.00
183,000,064.00 200,679,168.00 200,679,168.00 292,800,000.00
 900 MIL 1 MILHO
(m3/dia) (m3/dia)
0 0
145,276,080.00 145,276,080.00
462,239,296.00 468,578,752.00
791,639,296.00 827,795,712.00
1,120,139,264.00 1,192,795,776.00
1,448,639,360.00 1,557,795,712.00
1,777,139,328.00 1,922,795,776.00
2,106,539,264.00 2,288,795,648.00
2,435,039,232.00 2,653,795,840.00
2,763,539,200.00 3,018,795,776.00
3,092,039,424.00 3,383,795,712.00
3,421,439,232.00 3,749,795,840.00
3,749,939,200.00 4,114,795,776.00
4,078,439,424.00 4,479,795,712.00
4,406,939,136.00 4,844,795,904.00
4,736,339,456.00 5,210,795,520.00

900 MIL 1 MILHO

(m3/dia) (m3/dia)
0 0
145,276,080.00 145,276,080.00
316,963,216.00 323,302,672.00
329,400,000.00 359,216,960.00
328,499,968.00 365,000,064.00
328,500,096.00 364,999,936.00
328,499,968.00 365,000,064.00
329,399,936.00 365,999,872.00
328,499,968.00 365,000,192.00
328,499,968.00 364,999,936.00
328,500,224.00 364,999,936.00
329,399,808.00 366,000,128.00
328,499,968.00 364,999,936.00
328,500,224.00 364,999,936.00
328,499,712.00 365,000,192.00
329,400,320.00 365,999,616.00
FIVE-SPOT INVERTIDO:

INJ 100 MIL M/DIA 200 MIL M/DIA

ANOS CUSTO DE LEO LUCRO BRUTO DE LEO CUSTO DE LEO

0 PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$)

1 3,329,828.41 47,194,352.59 3,379,175.66
2 823,431.64 11,670,668.37 773,386.12
3 420,209.42 5,955,715.78 415,541.22
4 275,866.47 3,909,912.97 271,834.12
5 197,251.27 2,795,683.36 196,922.16
6 153,747.35 2,179,093.30 150,010.56
7 123,913.04 1,756,245.29 120,470.61
8 102,761.60 1,456,461.63 100,748.08
9 86,581.58 1,227,138.72 86,668.71
10 75,006.75 1,063,086.31 76,048.25
11 65,958.25 934,840.06 68,360.35
12 58,542.36 829,733.02 62,113.13
13 52,520.62 744,385.72 57,063.42
14 47,425.58 672,172.62 52,455.27
15 43,258.41 613,110.42 48,445.88

CUSTO INICIAL
2,000,000.00 2,000,000.00

INJ 100 MIL M/DIA 200 MIL M/DIA

ANOS CUSTO DE INJ GS

0 INJETADA (US$)
1 867,327
2 867,327
3 867,327
4 867,327
5 867,327
6 867,327
7 867,327
8 867,327
9 867,327
10 867,327
11 867,327
12 867,327
13 867,327
14 867,327
15 867,327
200 MIL M/DIA 300 MIL M/DIA 400 MIL M/DIA
LUCRO BRUTO DE LEO CUSTO DE LEO LUCRO BRUTO DE LEO CUSTO DE LEO

PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$)

47,893,761.58 3,658,914.63 51,858,560.35 3,851,241.89
10,961,362.82 831,394.78 11,783,531.58 882,495.92
5,889,552.42 423,438.42 6,001,481.06 438,555.17
3,852,761.65 270,936.57 3,840,040.50 278,429.30
2,791,018.80 193,177.12 2,737,939.58 202,864.41
2,126,130.90 154,631.66 2,191,626.70 159,599.53
1,707,455.14 127,513.83 1,807,280.11 127,948.92
1,427,923.52 107,631.74 1,525,487.14 104,583.20
1,228,373.71 92,900.63 1,316,699.99 87,564.20
1,077,847.69 80,354.96 1,138,887.54 73,284.07
968,885.52 69,133.97 979,850.16 63,633.87
880,342.28 60,033.66 850,869.59 55,430.22
808,771.70 53,386.08 756,652.10 49,121.77
743,459.48 47,928.96 679,307.15 44,401.17
686,633.60 43,321.40 614,003.27 39,974.36

2,000,000 2,000,000.00

200 MIL M/DIA 300 MIL M/DIA 400 MIL M/DIA

CUSTO DE INJ GS CUSTO DE INJ GS

INJETADA (US$) INJETADA (US$)

1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.20
1,734,653 2,601,980.2
400 MIL M/DIA 500 MIL M/DIA 600 MIL M/DI
LUCRO BRUTO DE LEO CUSTO DE LEO LUCRO BRUTO DE LEO CUSTO DE LEO

PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$)

54,584,454.68 3,912,482.19 55,452,426.27 3,912,482.19
12,507,798.77 973,463.39 13,797,099.67 974,178.72
6,215,733.84 470,514.28 6,668,697.06 478,750.89
3,946,236.48 296,695.26 4,205,123.86 305,671.35
2,875,239.60 208,845.52 2,960,011.14 216,241.99
2,262,037.40 159,213.90 2,256,571.76 165,156.74
1,813,446.68 125,758.77 1,782,405.23 129,713.40
1,482,279.44 101,707.74 1,441,525.02 105,410.39
1,241,065.66 83,799.14 1,187,702.73 86,867.71
1,038,670.38 70,970.28 1,005,876.58 74,156.60
901,896.06 61,917.66 877,571.91 64,880.25
785,624.13 54,469.97 772,014.28 57,366.03
696,213.06 48,894.51 692,992.09 51,021.08
629,307.04 43,453.87 615,880.78 45,520.97
566,564.92 38,963.48 552,237.46 40,786.83

2,000,000.0 2,000,000.00

400 MIL M/DIA 500 MIL M/DIA 600 MIL M/DI

CUSTO DE INJ GS CUSTO DE INJ GS

INJETADA (US$) INJETADA (US$)

3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
3,469,306.93 4,336,633.66
600 MIL M/DIA 700 MIL M/DIA 800 MIL M/
LUCRO BRUTO DE LEO CUSTO DE LEO LUCRO BRUTO DE LEO CUSTO DE LEO

PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$)

55,452,426.27 3,912,482.19 55,452,426.27 4,923,980.01
13,807,238.21 974,178.72 13,807,238.21 1,166,687.61
6,785,436.28 478,750.89 6,785,436.28 507,816.30
4,332,343.76 305,671.35 4,332,343.76 314,213.52
3,064,842.80 216,241.99 3,064,842.80 198,500.01
2,340,800.91 165,156.74 2,340,800.91 143,670.90
1,838,455.08 129,713.40 1,838,455.08 111,420.94
1,494,003.43 105,410.39 1,494,003.43 87,351.66
1,231,194.14 86,867.71 1,231,194.14 69,448.95
1,051,036.89 74,156.60 1,051,036.89 57,193.53
919,561.32 64,880.25 919,561.32 48,812.09
813,060.76 57,366.03 813,060.76 42,815.08
723,132.34 51,021.08 723,132.34 36,763.91
645,178.24 45,520.97 645,178.24 32,730.97
578,080.31 40,786.83 578,080.31 29,978.56

2,000,000.00 2,000,000.00

600 MIL M/DIA 700 MIL M/DIA 800 MIL M/

CUSTO DE INJ GS CUSTO DE INJ GS

INJETADA (US$) INJETADA (US$)

5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
5,203,960.40 6,071,287.13
800 MIL M/DIA 900 MIL M/DIA 1 MILH
LUCRO BRUTO DE LEO CUSTO DE LEO LUCRO BRUTO DE LEO

PRODUZIDO (US$) PRODUZIDO (US$) PRODUZIDO (US$)

69,788,595.82 4,923,980.01 69,788,595.82
16,535,706.82 1,225,938.23 17,375,478.25
7,197,386.40 546,627.29 7,747,462.64
4,453,413.76 324,551.38 4,599,934.42
2,813,382.00 206,519.96 2,927,050.46
2,036,277.58 146,091.84 2,070,590.07
1,579,192.19 109,209.59 1,547,850.34
1,238,053.30 85,319.88 1,209,256.51
984,314.46 68,042.43 964,379.50
810,615.83 56,186.77 796,346.78
691,823.86 48,422.92 686,308.17
606,827.02 41,983.76 595,044.62
521,062.49 36,696.79 520,111.22
463,902.83 33,929.66 480,892.18
424,892.40 30,075.12 426,260.89

2,000,000.00

800 MIL M/DIA 900 MIL M/DIA 1 MILH

CUSTO DE INJ GS CUSTO DE INJ GS

INJETADA (US$) INJETADA (US$)

6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
6,938,613.86 7,805,940.59
 1 MILHO M/DIA
CUSTO DE LEO LUCRO BRUTO DE LEO

PRODUZIDO (US$) PRODUZIDO (US$)

4,923,980.01 69,788,595.82
1,240,236.02 17,578,123.86
587,077.36 8,320,769.91
345,067.55 4,890,714.40
217,872.24 3,087,948.65
149,415.92 2,117,702.99
109,753.01 1,555,552.28
85,842.69 1,216,666.41
68,650.61 972,999.35
56,461.71 800,243.64
48,587.77 688,644.62
44,258.69 627,287.68
38,866.92 550,868.96
33,818.39 479,315.08
30,037.44 425,726.85

2,000,000.00

1 MILHO M/DIA
CUSTO DE INJ GS

INJETADA (US$)
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
8,673,267.3
 Five-Spot Inv
ANOS Q100MIL Q200 MIL Q300MIL Q400MIL
0 2,000,000.0 2,000,000.00 2,000,000.00 2,000,000
1 42,997,197.45 42,779,932.45 45,597,665.52 47,263,905.86
2 9,979,910.00 8,453,323.24 8,350,156.61 8,155,995.92
3 4,668,179.62 3,739,357.73 2,976,062.44 2,307,871.74
4 2,766,719.77 1,846,274.07 967,123.73 198,500.25
5 1,731,105.36 859,443.18 57,217.73 796,931.74
6 1,158,019.21 241,466.88 564,985.15 1,366,869.06
7 765,005.53 147,668.94 922,213.92 1,783,809.17
8 486,373.29 407,478.02 1,184,124.80 2,091,610.69
9 273,230.42 592,948.47 1,378,180.83 2,315,805.47
10 120,752.83 732,854.02 1,543,447.61 2,503,920.62
11 1,555.07 834,128.30 1,691,264.01 2,631,044.74
12 96,136.06 916,424.31 1,811,144.27 2,739,113.03
13 175,461.63 982,945.18 1,898,714.18 2,822,215.64
14 242,579.69 1,043,649.25 1,970,602.01 2,884,401.06
15 297,474.72 1,096,465.75 2,031,298.33 2,942,716.37

Five-Spot Inv
ANOS Q100MIL Q200 MIL Q300MIL Q400MIL
0 2,000,000.0 2,000,000.00 2,000,000.00 2,000,000
1 39,388,867.4 39,199,941.26 41,650,143.93 43,099,048.6
2 48,067,050.0 46,550,657.12 48,911,149.67 50,191,218.9
3 52,126,336.6 49,802,272.54 51,499,030.05 52,198,063.9
4 54,532,179.9 51,407,728.25 52,340,007.21 52,370,672.8
5 56,037,488.9 52,155,070.15 52,290,252.66 51,677,688.7
6 57,044,462.1 52,365,041.35 51,798,961.23 50,489,106.9
7 57,709,684.3 52,236,633.58 50,997,036.08 48,937,968.5
8 58,132,617.6 51,882,304.86 49,967,362.34 47,119,176.6
9 58,370,209.3 51,366,697.50 48,768,944.23 45,105,432.7
10 58,475,211.7 50,729,433.13 47,426,815.87 42,928,110.5
11 58,476,564.0 50,004,104.17 45,956,151.51 40,640,245.5
12 58,392,967.4 49,207,213.47 44,381,243.45 38,258,408.0
13 58,240,392.0 48,352,478.53 42,730,187.64 35,804,307.5
14 58,029,453.2 47,444,957.44 41,016,620.67 33,296,132.7
15 57,770,779.5 46,491,508.96 39,250,274.30 30,737,248.9

VP
70,000,000.00
 VP
70,000,000.00

60,000,000.00

50,000,000.00

40,000,000.00

30,000,000.00

VPL , US$ 20,000,000.00

10,000,000.00

0.00
0 2
-10,000,000.00

-20,000,000.00

-30,000,000.00
 VALOR LQUIDO
Five-Spot Invertido
Q500MIL Q600MIL Q700MIL Q800MIL
2,000,000 2,000,000 2,000,000 2,000,000.0
47,203,310.42 46,335,983.68 45,468,656.95 57,926,001.95
8,487,002.62 7,629,099.09 6,761,772.36 8,430,405.35
1,861,549.11 1,102,724.99 235,398.26 249,043.76
428,205.07 1,177,287.99 2,044,614.72 2,799,413.62
1,585,468.04 2,355,359.59 3,222,686.32 4,323,731.87
2,239,275.80 3,028,316.23 3,895,642.96 5,046,007.18
2,679,987.20 3,495,218.72 4,362,545.45 5,470,842.61
2,996,816.39 3,815,367.35 4,682,694.09 5,787,912.22
3,232,730.08 4,059,633.96 4,926,960.70 6,023,748.36
3,401,727.36 4,227,080.10 5,094,406.83 6,185,191.56
3,520,979.41 4,349,279.33 5,216,606.06 6,295,602.08
3,619,089.35 4,448,265.67 5,315,592.40 6,374,601.91
3,692,536.08 4,531,849.13 5,399,175.86 6,454,315.27
3,764,206.76 4,604,303.13 5,471,629.86 6,507,442.00
3,823,359.68 4,666,666.92 5,533,993.66 6,543,700.02

VPL
Five-Spot Invertido
Q500MIL Q600MIL Q700MIL Q800MIL
2,000,000 2,000,000 2,000,000 2,000,000.0
43,046,356.88 42,292,159.72 41,537,962.57 52,370,436.48
50,426,359.16 48,926,158.94 47,417,764.62 59,701,223.73
52,045,097.52 49,885,050.23 47,622,458.76 59,484,663.94
51,672,745.29 48,861,321.55 45,844,532.92 57,050,391.23
50,294,077.42 46,813,182.78 43,042,196.99 53,290,624.38
48,346,881.08 44,179,864.32 39,654,681.37 48,902,792.06
46,016,457.43 41,140,543.69 35,861,163.58 44,145,537.61
43,410,530.13 37,822,832.95 31,789,255.68 39,112,570.46
40,599,460.50 34,292,716.46 27,504,942.03 33,874,528.41
37,641,436.71 30,616,994.63 23,075,023.05 28,496,100.97
34,579,715.48 26,835,012.61 18,538,843.86 23,021,664.38
31,432,681.26 22,966,955.51 13,916,589.60 17,478,532.28
28,221,780.31 19,026,217.13 9,221,654.06 11,866,084.21
24,948,557.05 15,022,475.28 4,463,715.05 6,207,439.00
21,623,896.46 10,964,504.04 348,453.34 517,265.07

VPL - Five-Spot invertido

000.00
 VPL - Five-Spot invertido
000.00

000.00
Q100MIL
000.00
Column C
000.00 Column D
000.00 Column E
Column F
000.00
Column G
000.00 Column H
0.00 Column I
0 2 4 6 8 10 12 14 16 Column J
000.00
Column K
000.00

000.00

TEMPO (anos)
 Q900MIL Q1MILHO
2,000,000.0 2,000,000.00
57,058,675.21 56,191,348.48
8,343,599.42 7,664,620.51
605,105.24 939,574.78
3,530,557.55 4,127,620.48
5,085,410.10 5,803,190.91
5,881,442.36 6,704,980.26
6,367,299.85 7,227,468.05
6,682,003.97 7,542,443.61
6,909,603.52 7,768,918.59
7,065,780.59 7,929,485.40
7,168,055.35 8,033,210.48
7,252,879.73 8,090,238.34
7,322,526.16 8,161,265.28
7,358,978.07 8,227,770.64
7,409,754.82 8,277,577.91

Q900MIL Q1MILHO
2,000,000.0 2,000,000.00
51,616,239.32 50,862,042.16
58,871,543.16 57,526,929.56
58,345,364.69 56,709,908.01
55,275,314.65 53,120,672.81
50,853,218.91 48,074,419.84
45,738,921.21 42,244,002.23
40,202,138.73 35,959,247.40
34,391,700.50 29,400,600.78
28,383,349.61 22,645,019.40
22,239,192.58 15,749,814.71
16,006,100.97 8,764,414.29
9,699,249.03 1,729,424.43
3,331,834.98 5,367,327.99
3,067,276.39 12,521,911.15
9,510,541.45 19,719,804.99
 Q100MIL
Column C
Column D
Column E
Column F
Column G
Column H
Column I
16 Column J
Column K