Find out the internal rate of return


Problem:

You buy a new piece of equip for $16,230 and you receive a cash inflow of $2,500 per year for 12 years.

Required:

Question 1: What is the internal rate of return?

Note: Please show how you came up with the solution.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Find out the internal rate of return
Reference No:- TGS0879485

Expected delivery within 24 Hours