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ASAP PLS, SHOW WORK PLS Green Deer Agriculture Inc. is considering an investment for a new conveyor system in its factory. Net cash flows are
ASAP PLS, SHOW WORK PLS
Green Deer Agriculture Inc. is considering an investment for a new conveyor system in its factory. Net cash flows are predicted as follows. Given a useful life of 5 years and MARR=8%, what is the internal rate of return (IRR) on this investment? Enter only the number portion of the percentage. Use a linear interpolation and round your answer to two decimal places. You can use TVOM factors provided in this question. (Hint: Find the IRR value near the given MARR). End of year Net cash flow ($) lo -$35,000 1 $9.200 12 $9.200 3 $9,200 14 $9.200 15 $9.200 1% 1% 2% 3% 4% 5% (FIP %, 5) 1.05101 1.10408 1.15927 1.21665 1.27628 1.33823 1.40255 (FIA 1%, 5) 5.10101 5.20404 5.30914 5.41632 5.52563 5.63709 5.75074 6% 7% 8% 5.86660 9% 10% 11% 12% 13% 1.46933 1.53862 1.61051 1.68506 1.76234 1.84244 1.92541 2.01136 2.10034 2.19245 228776 2.38635 14% 5.98471 6.10510 6.22780 6.35285 6.48027 6.61010 6.74238 6.87714 7.01440 7.15421 7 29660 15% 16% 17% 18% 19% QUESTION 21 Based on all the information provided in Question 20 (Green Deer Agriculture Inc.), what is the external rate of return (ERR)? Enter only the number portion of the percentage and round your answer to two decimal places. Green Deer Agriculture Inc. is considering an investment for a new conveyor system in its factory. Net cash flows are predicted as follows. Given a useful life of 5 years and MARR=8%, what is the internal rate of return (IRR) on this investment? Enter only the number portion of the percentage. Use a linear interpolation and round your answer to two decimal places. You can use TVOM factors provided in this question. (Hint: Find the IRR value near the given MARR). End of year Net cash flow ($) lo -$35,000 1 $9.200 12 $9.200 3 $9,200 14 $9.200 15 $9.200 1% 1% 2% 3% 4% 5% (FIP %, 5) 1.05101 1.10408 1.15927 1.21665 1.27628 1.33823 1.40255 (FIA 1%, 5) 5.10101 5.20404 5.30914 5.41632 5.52563 5.63709 5.75074 6% 7% 8% 5.86660 9% 10% 11% 12% 13% 1.46933 1.53862 1.61051 1.68506 1.76234 1.84244 1.92541 2.01136 2.10034 2.19245 228776 2.38635 14% 5.98471 6.10510 6.22780 6.35285 6.48027 6.61010 6.74238 6.87714 7.01440 7.15421 7 29660 15% 16% 17% 18% 19% QUESTION 21 Based on all the information provided in Question 20 (Green Deer Agriculture Inc.), what is the external rate of return (ERR)? Enter only the number portion of the percentage and round your answer to two decimal placesStep by Step Solution
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