how to solve this using this formula method

5. A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it? YR I CE TAUFIDUAL OY Net Present Value (NPV) NPV = PV (CF Inflow) - PV(CF Outflow) * Internal Rate of Return (IRR) Outflows CF) + (1 + IRR)" n CF Inflow's h = n N h ho (1 + IRR)" CF Inflows h=0 CF, Outflows h -- = h=0 h=0 (1 + i)" (1 + i)" When you have a single cash outflow at t=0: At IRR, PV(Cpinflow)=PVC Foutflow) When you have a single cash outflow at t=0: Initial Investment (or Cost) = 17 CF Inflows CF Infos NPV = - Cost (1 + i)" h= (1 + IRR) h=0