IRR function for this problem exists 7. 7% and invest in the project.
<h3>What is the IRR function?</h3>
Microsoft Excel exists a spreadsheet designed by Microsoft for Windows, macOS, Android, and iOS. It features calculation or computation capabilities, graphing instruments, pivot tables, and a macro programming language named Visual Basic for Applications.
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that emerge at regular intervals. Specify the internal rate of return. Return was computed as a percentage. =IRR (values, [guess]).
IRR stands for the interest rate at which the sum of all cash flows equals zero, thus it exists useful for comparing one investment to another. In the initial example, if we substitute 8% with 13.92%, the NPV evolves to 0, and your IRR becomes zero. As an outcome, IRR is described as the discount rate at which a project's NPV becomes zero.
IRR function for this problem exists 7. 7% and invest in the project.
To learn more about IRR function refer to:
brainly.com/question/7920964
#SPJ4
B. Would you be interested in finding a new place to eat lunch.
Answer:
C. Demand for the existing firms' output will become more inelastic
Answer: See explanation
Explanation:
Absolute advantage simply means when an economic entity such as individuals or the firms can produce a particular good more efficiently than others who produce similar good. In this case, a larger quantity is produced when compared to others.
Comparative advantage is when an economic agent can actually produce goods at an opportunity cost that's lower than the opportunity cost of its competitors. Due to this, such economic agent can sell its good at a cheaper price than others and therefore make more revenue.