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boyakko [2]
2 years ago
10

Calculate the IRR of a machine that is purchased for $5,000, sold at the end of year 4 for $2,500, and produces the following ca

sh flows: o Year 1: $700. o Year 2: $800. o Year 3: $900. o Year 4:$1,000.
Business
1 answer:
liraira [26]2 years ago
8 0

Answer:

5.3%

Explanation:

Year     Cash-flow

0           -$5,000

1             $700

2            $800

3            $900

4            $3,500

<em>Using the IRR Function on MS Excel</em>

IRR of the machine = IRR(Cashflow 0,1,2,3,4)

IRR of the machine = 0.053

IRR of the machine = 5.3%

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Answer:

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Explanation:

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6 0
3 years ago
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Answer:

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<u><em></em></u>

Explanation:

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5 0
3 years ago
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anyanavicka [17]
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Answer:

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3 years ago
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maxonik [38]

Answer:

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