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How would you solve for IRR in this problem? (1+IRR)0CF0+(1+IRR)1CF1+(1+IRR)2CF2+(1+IRR)3CF3+(1+IRR)4CF4+(1+IRR)5CF5=01200+(1+IRR)1200+(1+IRR)2200+(1+IRR)3200+(1+IRR)4200+(1+IRR)51,208=0
How would you solve for IRR in this problem?
(1+IRR)0CF0+(1+IRR)1CF1+(1+IRR)2CF2+(1+IRR)3CF3+(1+IRR)4CF4+(1+IRR)5CF5=01200+(1+IRR)1200+(1+IRR)2200+(1+IRR)3200+(1+IRR)4200+(1+IRR)51,208=0Step by Step Solution
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