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The factors in society are all around us and them.
As corny as it might sound but the early promoted careers all are because the parents and the teachers and the community.
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Answer:
<em>a. 22.64%</em>
Explanation:
At first we are going to need to compute the Internal rate of return(IRR) (in which the current value of inflows = the current value of outflows)
Let's let the IRR be <em>x percent</em>
Therefore $4,500 = $750 / (1.0x)
+ $1,000 / (1.0x) <em>power 2</em> + $850 / (1.0x) <em>power 3 </em>
+ $6,250 / (1.0x) <em>power 4</em>
Thus, x = approximate return rate = <em>22.64 percent</em>