An investment of $185,575 is expected to generate returns of $65,000 per year for each of the next four years. What is the investment's internal rate of return?
Below is a table for the present value of $1 at compound interest.

Below is a table for the present value of an annuity of $1 at compound interest.

Question

An investment of $185,575 is expected to generate returns of $65,000 per year for each of the next four years. What is the investment's internal rate of return?
Below is a table for the present value of $1 at compound interest.
 
 Below is a table for the present value of an annuity of $1 at compound interest.

Quizplus · Accepted Answer

The Answer of An investment of $185,575 is expected to generate returns of $65,000 per year for each of the next four years. What is the investment's internal rate of return?
Below is a table for the present value of $1 at compound interest.
 
 Below is a table for the present value of an annuity of $1 at compound interest.

An Investment of $185,575 Is Expected to Generate Returns of $65,000