What is the internal rate of return for a project that has a net investment of $75,000

Question:

What is the internal rate of return for a project that has a net investment of $75,000 and the following net cash flows:

Year 1 = $15,000;

Year 2 = $20,000;

Year 3 = $25,000;

Year 4 = $30,000?

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...