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.
Using the tables above, what would be the internal rate of return of an investment of $294,840 that would generate an annual cash inflow of $70,000 for the next 5 years?

Question

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.
 Using the tables above, what would be the internal rate of return of an investment of $294,840 that would generate an annual cash inflow of $70,000 for the next 5 years?

Quizplus · Accepted Answer

The Answer of 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.
 Using the tables above, what would be the internal rate of return of an investment of $294,840 that would generate an annual cash inflow of $70,000 for the next 5 years?

Below Is a Table for the Present Value of $1