1. Based on the following cash flows (t=0 to t=5), calculate the Precise(Exact) ERR. Assume the MARR is at 10%.

   t=0 receipt of $10,000.

   t=1 disbursement of $7,500.

   t=2 disbursement of $5,000.

   t=3 no cash flow

   t=4 no cash flow

   t=5 receipt of $1,400.

   		2.82%
   		1.43%
   		6.78%
   		9.26%
   		4.17%