Problem
A small business promises a profit of $8000 on an initial investment of $20 000 after 5 years.
(a) Calculate the internal rate of return.
(b) Would you advise someone to invest in this business if the market rate is 6% compounded annually?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.