A company has a project with a 4-year life, requiring an initial investment of $188,000, and is expected to yield annual cash flows of $55,500. What is the internal rate of return?

which corresponds to the internal beginning of the project, the a result of the rate of return. present value factor is 1.000. project. Calculation Steps Present Value of an Annuity of $1 at Compound Interest. 188,000 IRR Factor = 3.387387 V , rounded to 6 decimals 55,500 The calculated factor corresponds to which percentage in the present value of ordinary annuity table? 3.39 X% Feedback