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A project is estimated to cost $463,565 and provide annual net cash flows of $115,000 for nine years Present Value of an Annuity of $1

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A project is estimated to cost $463,565 and provide annual net cash flows of $115,000 for nine years Present Value of an Annuity of $1 at Compound Interest 10% 15% 0.943 0.909 0.893 0.870 1.626 2.673 2.487 2.402 2.283 3.465 3.170 3.0372.855 3.353 3.785 5.582 4.868 4.5644.160 5.335 4.968 4.487 5.328 4772 5.650 5.019 12% 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.192 Year 6% 1.833 1. 1.736 1 2 1.690 4.212 3.791 3.605 4.917 4.355 4.111 6.210 6.802 7.360 5.759 10 6.145 Determine the internal rate of return for this project, using the Present Value of an Annuity of $1 at Compound Interest table shown above

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