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Find the internal rate of return ( IRR ) for a proposed project costing $24,897. Assume that the estimated cash flows for the life of
Find the internal rate of return (IRR) for a proposed project costing $24,897. Assume that the estimated cash flows for the life of the project are found in the table below. Please format your answer without the % symbol (i.e. for 20.22 %, you would simply enter 20.22), and include two decimal places.
t1 | t2 | t3 | t4 | t5 |
4,559 | 5,382 | 5,094 | 10,403 | 8,502 |
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