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A company would like to take on a project that requires an initial investment of $ 1 0 , 0 0 0 , and the

A company would like to take on a project that requires an initial investment of $10,000, and the return will be $2500 in the first year, $4000 in the second year, $5000 in the third year, $3000 in the fourth year and $1000 in the fifth year. If the rate of return in 6% compounded annually, would it be profitable for the company to take on the project? Use your financial calculator to calculate IRR

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