Question
You buy a new piece of equipment for $28,808, and you receive a cash inflow of $3,700 per year for 14 years. Use Appendix D.
You buy a new piece of equipment for $28,808, and you receive a cash inflow of $3,700 per year for 14 years. Use Appendix D.
| What is the internal rate of return? (Round "PV Factor" to 3 decimal places. Round your answer to the nearest whole percent. Omit the "%" sign in your response.) |
| Internal rate of return | % | |
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Accounting And Auditing Standards For Islamic Financial Institutions
Authors: Mohd MaSum Billah
1st Edition
103206353X, 978-1032063539
