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.
17 . Find the values of g(9) and h(-14) and add them together.
The function equations are given to find their values substitute 9 in g(x) and -14 in h(x)
20. They said f(x) = 2x + 9 and f(x) = 15 , which means they are equal to each other.
So write them as 2x + 9 = 15 , and solve the equation to find the value of x.
25. Here all you have to do is substitute 4 into the f(x) equation to find f(4)and you will have your answer.
Hope this helped!
