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Calculate Internal Rate of Return (IRR) from the following Information Round off the final Answer Initial Investment = 95000 Salvage Value = 7100 The Life

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Calculate Internal Rate of Return (IRR) from the following Information Round off the final Answer Initial Investment = 95000 Salvage Value = 7100 The Life of Machine is 5 Years The Cash Flows after Depreciation and Tax (CFAT) are as follows Year 1 - 29500 Year 2 - 23100 Year 3 -25000 Year 4-22700 Year 5 -24700 You can choose the Lower rate as 10 % and Higher rate as 15% O 7% O 17% 10% 12%

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