Marco Marousis invested in a project that required an initial amount of $52,160 and returned cash inflows of $10,000 per year for 10 years.A partial table of the present value of an annuity of $1 in arrears is as follows: What is the internal rate of return for this investment?
$\begin{array}{|c|r|r|r|r|r|r|r|r|}
\hline \text { Year } & 2 \% & 4 \% & 6 \% & 8 \% & 10 \% & 12 \% & 14 \% & 16 \% \
\hline 10 & 7.983 & 8.111 & 7.360 & 6.710 & 6.145 & 5.650 & 5.216 & 4.833 \
\hline
\end{array}$

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The Answer of Marco Marousis invested in a project that required an initial amount of $52,160 and returned cash inflows of $10,000 per year for 10 years.A partial table of the present value of an annuity of $1 in arrears is as follows: What is the internal rate of return for this investment?
$\begin{array}{|c|r|r|r|r|r|r|r|r|}
\hline \text { Year } & 2 \% & 4 \% & 6 \% & 8 \% & 10 \% & 12 \% & 14 \% & 16 \% \
\hline 10 & 7.983 & 8.111 & 7.360 & 6.710 & 6.145 & 5.650 & 5.216 & 4.833 \
\hline
\end{array}$

Marco Marousis Invested in a Project That Required an Initial