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1 1 . 6 ( Calculating IRR ) ( Related to Checkpoint 1 1 . 1 on page 3 6 7 ) What are the

11.6(Calculating IRR)(Related to Checkpoint 11.1 on page 367) What are the IRRs for the following projects?
1. An initial outlay of 5,000 resulting in a single cash inflow of 9,962 in 8 years.
2. An initial outlay of 5,000 resulting in a single cash inflow of 12,968 in 10 years.
3. An initial outlay of 5,000 resulting in a single cash inflow of 48,231 in 20 years.
4. An initial outlay of 5,000 resulting in a single cash inflow of 5,995 in 3 years
not in excel simple formula.

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