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End of Year Net Cash Flow 0 -$450,000 1 -$42,500 2 $92,800 3 $386,000 4 $614,600 5 -$202,200 Experts agree that the IRR of a

End of Year Net Cash Flow
0 -$450,000
1 -$42,500
2 $92,800
3 $386,000
4 $614,600
5 -$202,200

Experts agree that the IRR of a college education is about 12%/yr. This results from the increased earnings over your lifetime. Draw a CFD that supports the 12% annual return over the 40 years of your career. State your assumptions.

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