A project is estimated to cost $273,840 and provide annual net cash inflows of $60,000 for 7 years. Determine the internal rate of return for this project, using the following present value of an annuity table.

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Zybrea Knight · Accepted Answer

Final Answer : 12% [($273,840 ÷ $60,000) = 4.564, the present value of an annuity factor for 7 years at 12%]

A project is estimated to cost $273,840 and provide annual net cash inflows of $60,000 for 7 years. Determine the internal rate of return for this project, using the following present value of an annuity table.

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