1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BARSIC [14]
4 years ago
6

A company is considering an iron ore extraction project that requires an initial investment of​ $1,400,000 and will yield annual

cash inflows of​ $613,228 for three years. The​ company's discount rate is​ 9%. Calculate IRR. Present value of ordinary annuity of​ $1:
​10% ​12% ​14% ​15% ​ 16% ​18% ​20%

1 0.909 0.893 0.877 0.870 0.862 0.847 0.833

2 1.736 1.690 1.647 1.626 1.605 1.566 1.528

3 2.487 2.402 2.322 2.283 2.246 2.174 2.106

4 3.170 3.037 2.914 2.855 2.798 2.690 2.589


a. 13%

b. 15%

c. 14%

d. 17%
Business
1 answer:
Akimi4 [234]4 years ago
5 0

Answer:

b. 15% 

Explanation:

IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow in year 0 = $-1,400,000 

Cash flow each year for 3 years = $613,228

IRR = 15%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

You might be interested in
How have airplanes changed the way the world does business? choose four answers
Rama09 [41]

Airplanes changed the way the world does business by decreasing the cost of long-distance travel and improving the speed with which it may be completed. This is further explained below.

<h3>What are Airplanes?</h3>

Generally, is simply defined as an airplane, a motorized aircraft with fixed wings that displaces more air than it weighs.

In conclusion, new trade and employment possibilities can be accessed with little disruption to existing business operations.

Read more about Airplanes

brainly.com/question/17247837

#SPJ12

3 0
2 years ago
Investments can help a business increase productivity by:
anyanavicka [17]

Answer:

c

Explanation:

when Offering the business more efficient ways to make and encourage the business can develop

3 0
3 years ago
Read 2 more answers
When is a wrecker considered to be an emergency vehicle
RoseWind [281]

I believe the answer is: its emergency lights are flashing

When is emergency lights are flashing, the wrecker would most likely driving toward the area where accidents happen, and they would be used to drag out ruins or the heavy vehicles that collided on the sites. Because of this, we need to provide space for the wrecker to pass if it shows its emergency lights.

4 0
3 years ago
Read 2 more answers
Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their r
Sunny_sXe [5.5K]

Answer:

c. Express agency

Explanation:

An express agency can be defined as a type of contractual agreement between two (2) parties, which typically involves one party being instructed and authorized to act on behalf of the other person, usually referred to as the principal. Express agency is a fiduciary role.

In this scenario, Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their relationship. Thus, the type of agency that has been created between Peter and Brunhilda is an express agency.

7 0
3 years ago
How do I become a business man?​
rjkz [21]

It depends. Do you want to start a business? If so, it costs alot of money. First you need to decide what you want you business to be, then you have to build a corporation and hire workers.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Paulina works as a software engineer for her firm. Recently, her company was acquired by another firm that had its own informati
    10·2 answers
  • amanda wants to become an industrial designer. she wants to learn this special skill from an expert in the industry by working f
    11·1 answer
  • Consumer protection is an important issue, but how much responsibility should the government have in protecting consumer? There
    11·1 answer
  • Damian owns a pick-up truck and a motorcycle. He sells the motorcycle to Eden for $10,000. Eden pays for the cycle with a check,
    9·1 answer
  • Match the different types of incomes to their sources.
    5·2 answers
  • The following cost data pertain to the operations of Swestka Department Stores, Inc., for the month of July.Corporate headquarte
    10·1 answer
  • Anderson sold a property to Kelly. The contract contained the following statement: "Buyer to accept the property in an 'as is' c
    9·1 answer
  • A market researcher wants a large sample size for her survey and decides to stand in the food court of a mall during Christmas s
    15·1 answer
  • The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify factors that might have a
    5·1 answer
  • The owner of a leased property conveys possession of the property to the tenant providing them with uninterrupted us of the prop
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!