QUESTION 14 Based on the following cash flows (t=0 to t=5), calculate the approximate-ERR. Assume the MARR is at 10%. t=0 receipt of $20,000. 6 points t=1 disbursement of $30,000. t=2 no cash flow t=-3 no cash flow t=4 receipt of $5,000. t=5 receipt of $6,000. 9.87% 8.86% 7.73% 5.98% 6.54% Save Answer