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lexigarwood
12.12.2019 •
Business
You buy a new piece of equipment for $30,978, and you receive a cash inflow of $3,900 per year for 12 years. use appendix d for an approximate answer but calculate your final answer using the financial calculator method. what is the internal rate of return? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
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Ответ:
x = 7%
Explanation:
given data:
price of equipment is given as $30 978
cash inflow is given a $3900/ year for a period of 12 years
Let internal rate of return is x %
we know , at IRR, inflow value of PV = outflow value of PV
from using financial calculator x value will be
x = 7%
Ответ: