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Suppose you invest $ 3 5 0 0 today and receive $ 9 5 0 0 in 1 5 years. a . What is the

Suppose you invest $3500 today and receive $9500 in 15 years.
a. What is the internal rate of return(IRR) of this opportunity?
b. Suppose another investment opportunity also requires $3500upfront, but pays an equal amount at the end of each year for the next 15 years. If this investment has the same IRR as the first one, what is the amount you will receive each year?

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