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xxTIMURxx [149]
4 years ago
6

Candle Burning

Mathematics
1 answer:
Schach [20]4 years ago
7 0

Answer:

Candle burns down 1 cm per hour

I’m doing the assignment!

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Graph the system of​ equations, and determine the solution.<br> x+5y=5<br> 2x+10y=60
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the systems have no solution

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Ryder Industries is considering a project that will produce cash inflows of $92,000 a year for five years. What is the internal
RSB [31]

Answer:

20.02%

Step-by-step explanation:

Formula : NVP = 0 =-P_0 + \frac{P_1}{(1+IRR)} + \frac{P_2}{(1+IRR)^2} + . . . +\frac{P_n}{(1+IRR)^n}

P_0 = 275000

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Substitute the values in the formula :

0 =-275000 + \frac{92000}{(1+IRR)} + \frac{92000}{(1+IRR)^2} + \frac{92000}{(1+IRR)^3}+\frac{92000}{(1+IRR)^4}+\frac{92000}{(1+IRR)^5}

275000 = \frac{92000}{(1+IRR)} + \frac{92000}{(1+IRR)^2} + \frac{92000}{(1+IRR)^3}+\frac{92000}{(1+IRR)^4}+\frac{92000}{(1+IRR)^5}

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%

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Step-by-step explanation:

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