Step-by-step explanation:
A number that is negative is less than 0, so
So this function is negative, when x is less than -2
81(p+q)^2-9p-9q Factor this
2 answers:
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Answer:
15.542%
Step-by-step explanation:
For uneven cash flows such as those in this problem, there is no formula for "internal rate of return" (IRR). It must be computed graphically or iteratively. Spreadsheets and financial calculators are equipped to do this calculation. Attached is the result of the calculation done by a graphing calculator.
The sum of "present value" of each of the cash flows is zero when the discount rate is the IRR.
