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Investment Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Cash Flows 48000 48000 48000 48000 48000 PV Factor 0.93 0.87 0.82

Investment Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Cash Flows 48000 48000 48000 48000 48000 PV Factor 0.93 0.87 0.82 0.76 0.71 Discounted CF 44860 41925 39182 36619 34223 Discount Rate 7% , please calculate IRR from this chart

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