Simon earns a weekly retainer of $370 and 12% commission of any sales he makes. If he makes $2700 worth of sales in a particular
2 answers:
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<h3>Answer: D) 5</h3>
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Explanation:
If we plugged x = 3 into the expression, then we'd get x-3 = 3-3 = 0 in the denominator. That's not allowed. But we can simplify first
x^2-x-6 factors to (x-3)(x+2). The key here is that (x-3) is a factor. It cancels with the x-3 in the denominator
So,
Allowing us to say,
Answer:
20.02%
Step-by-step explanation:
Formula :
n = 1,2,3,4,5
Substitute the values in the formula :
Solving for IRR using calculator
IRR = 20.02
Hence the internal rate of return if the initial cost of the project is $275,000 is 20.02%