He knows only that the project has a five-year sendee life, Mechanical Engineering

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He knows only that the project has a five-year sendee life

Charlie has a project for which he had determined a present worth of R56 740. He now has to calculate the IRR for the project, but unfortunately he has lost complete information about the cash flows. He knows only that the project has a five-year sendee life and a first cost of R180 000, that a set of equal cash flows occurred at the end of each year, and that the ALARR used was 10%. What is the IRR for this project?

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Mechanical Engineering: He knows only that the project has a five-year sendee life

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Mechanical Engineering: He knows only that the project has a five-year sendee life

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