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Below is a table for the present value of $1 st compound interest Year 6% 12% 1 0.943 10% 0.909 0.825 0.893 2 0.890 3
Below is a table for the present value of $1 st compound interest Year 6% 12% 1 0.943 10% 0.909 0.825 0.893 2 0.890 3 0.797 0.712 0.840 0.792 0.751 0.683 4 0.636 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.690 1.833 2.673 1.736 2.487 3 2.402 3.037 3.465 4.212 3.170 3.791 3.605 Using the tables above, what would be the internal rate or return of an investment that required an investment of $227,460 and would generate an annual cash intow of $60,000 for the next 5 years? Od not be reminuo run the data riven
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