Following is a table for the present value of $1 at compound interest:
Following is a table for the present value of an annuity of $1 at compound interest:
-Using the tables provided, the internal rate of return of an investment of $210,600 that would generate an annual cash inflow of $50,000 for the next 5 years is
A) 6%
B) 10%
C) 12%
D) 14%
Correct Answer:
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