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{Related to Checkpoint 114) (IRR calculation) Determine the Internal rate of return on the following project. An initial outlay of 510 500 resulting in a

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{Related to Checkpoint 114) (IRR calculation) Determine the Internal rate of return on the following project. An initial outlay of 510 500 resulting in a cash inflow of $2,100 at the end of year 1. $5,100 at the end of year 2 and 57,600 at the end of year 3 This projects interal rate of return is % (Round to two decimal places.)

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