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%
Pine bluff middle school is having its annual spring fling dance which will cost $475 the student treasure reported that the dan
1 answer:
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To solve this problem you must apply the proccedure shown below:
1. You have the following expression given in the problem above:
![\sqrt[3]{216 x^{27} }](https://tex.z-dn.net/?f=%20%5Csqrt%5B3%5D%7B216%20x%5E%7B27%7D%20%7D%20)
2. Rewriting the expression we have:
![\sqrt[3]{6^3 x^{27} }](https://tex.z-dn.net/?f=%20%5Csqrt%5B3%5D%7B6%5E3%20x%5E%7B27%7D%20%7D%20)
3. You have that
and the exponent 
are divisible by index 
. Therefore, you have:
![\sqrt[3]{216 x^{27} } =6 x^{9}](https://tex.z-dn.net/?f=%20%5Csqrt%5B3%5D%7B216%20x%5E%7B27%7D%20%7D%20%3D6%20x%5E%7B9%7D%20)
Therefore, as you can see,
the answer is the option, which is:
1. You have the following expression given in the problem above:
2. Rewriting the expression we have:
3. You have that
Therefore, as you can see,
the answer is the option, which is: