Use your Financial Calculator or Microsoft Excel to determine the IRR on each of the following projects.

ENTER YOUR ANSWER AS A PERCENT (Example 5% or 10%)

a.) An initial outlay of $10,000 resulting in a free single cash flow of $17,182 after 8 years.

b.) An initial outlay of $10,000 resulting in a single free cash flow of $48,077 after 10 years.

c.) An initial outlay of $10,000 resulting in a single free cash flow of $114,943 after 20 years.

d.) An initial outlay of $10,000 resulting in a single free cash flow of $13,680 after 3 years.