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What is the approximate IRR for a project that costs $100,000 and provides cash inflows of $10,000 at year 1, and $30,000 at year 2,
What is the approximate IRR for a project that costs $100,000 and provides cash inflows of $10,000 at year 1, and $30,000 at year 2, 3, 4, and 5?
| 6.90% |
| 7.20% |
| 8.40% |
| 9.00% |
| None of the above |
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