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Use factor formula or interest table DONT USE Excel 3. For the cash flows shown below, determine the rate of return. trial and error method

image text in transcribed Use factor formula or interest table DONT USE Excel
3. For the cash flows shown below, determine the rate of return. trial and error method Use to determine the actual rate of return. (Hint: Vary i between 5% and 20% G pts) Year Expense (S) Revenue (S) -17,000 -2,500 5,000 2 -2,500 6,000 3 7,000 -2,500 f5.000 2,500 2,500 12,000 Figure 2-10 (fi-f) f fit fit d

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