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a)$1000 is invested in an account for six months. The interest rate is 10 % per annum. Calculate the value of the account after six

a)$1000 is invested in an account for six months. The interest rate is 10 % per annum. Calculate the value of the account after six month using simple interest method.

b) if the initial investment is 250000

Cash flow yr.1 $20000

yr2 $130000

yr3 $240000

yr 4 $40000

yr5 $60000

Find the IRR for the project

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