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%
Answer:
You can get an idea of how much guaranteed lifetime income a given amount of savings will buy by going to this annuity payment calculator. Today, for example, $100,000 would get a 65-year-old man about $525 a month in lifetime income, while that amount would generate roughly $490 a month for a 65-year-old woman.
9514 1404 393
Answer:
A(x) = 20000(0.88)^x
Step-by-step explanation:
The general form of these exponential equations is ...
A(x) = a·b^x
where 'a' is the initial value, and b is the annual growth factor. x is the elapsed time in years.
The growth factor is ...
growth factor = 1 + growth rate
Here, the growth rate per year is -12%, so the growth factor is ...
b = 1 -12% = 88% = 0.88
Of course, the initial value is a=20,000, so the equation is ...
A(x) = 20000(0.88)^x
Answer:
Median 4 Mean 5.5 Mode 2
Step-by-step explanation:
