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Problem 10-7 Calculate the IRR for the following projects. Do not round intermediate calculations. Round PVF values in intermediate calculations to four decimal places. Round

Problem 10-7

Calculate the IRR for the following projects. Do not round intermediate calculations. Round PVF values in intermediate calculations to four decimal places. Round the answers to two decimal places.

  1. Aninitialoutflowof$15,440followedbyinflowsof$4,900,$6,949,and$6,600.%
  2. An initial outflow of $46,500 followed by inflows of $16,200, $17,430, and $17,668.%

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