Trial and error is the only way to compute the internal rate of return (IRR) when interest is calculated over five or more periods.

Name: Trial and error is the only way to compute the internal rate of return (IRR) when interest is calculated over five or more periods.
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Question

Quizplus · Accepted Answer

The internal rate of return (IRR) can be computed using financial calculators, spreadsheet software like Microsoft Excel, or specific algorithms designed for this purpose, not just through trial and error.

Trial and Error Is the Only Way to Compute the Internal