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Find the rate of return of the following investment. MARR = 5% / year, wich can be also used as external rate of return. Note:
Find the rate of return of the following investment. MARR = 5% / year, wich can be also used as external rate of return. Note: For multiple sign reversals, invest positive amounts at the external rate to offset future expesnes, then solve for the IRR).
Year | $ |
0 | +12 |
1 | -9.8 |
2 | +12.8 |
3 | -18 |
4 | 4 |
5 | 5 |
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