15.5 (Just round 15.49 to the nearest tenth)
It is the order you complete an equation.
Parenthesis
Exponents
Multiplication
Division
Addition
Subtraction
Answer:
The rate of return for the investor is 4.95 %.
Step-by-step explanation:
The required rate of return can be determine with the help of IRR formula given below. To use the formula first we have to calculate NPV using one two rates that is 5% and 10%.
NPV (5%)= (-$1,054.47) +(1000*7%*0.952) + ($1,037.19*0.952)
= -0.42512
NPV (10%) = (-$1,054.47) +(1000*7%*0.909) + ($1,037.19*0.909)
=-48.03
IRR= 5% + (-0.43)/-0.43+48.03) * (10%-5%)
= 4.95 %
Answer:
The third option is correct
Step-by-step explanation:
hopefully it is clear and understandable
:)
Answer:
6666666666666997678
Step-by-step explanation:
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