Question
Determine the ERR (External rate of return) of the cash flows if external rate (e) is given as %19. Year Cash Flow 0 -3000 1
Year Cash Flow
0 -3000
1 2000
2 4000
3 -1000
4 3000
5 4000
6 -5000
7 9000
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
14th edition
978-1259284861, 1259284867, 77862392, 978-0077862398
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